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FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
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FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Source: Thomson Reuters
- EUR/USD pierced 10 & 21-DMAs pre-Fed minutes but now powerful rally ensues
- EUR/USD spikes ~1.1400 as many policymakers lean to keep rates lower for longer
- US bond yields reverse course, FOMC minutes too patient for USD bulls
- Little pullback from spike high as shorts scramble to cover, stops likely >1.1450
