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FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURGBP and EURUSD) for the day)

Wednesday, May 10, 2023 9:25 AM UTC

Pair	Value	Recommendation
EURUSD	-213.07	Sell
EURGBP	-428.60	Strong Sell

EURUSD

Major resistance- 1.1000

Near-term support- 1.0930

Trend reversal level- 1.1100

EURGBP

Major resistance- 0.8750

Near-term support- 0.8650

Trend reversal level- 0.8580

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURGBP and EURUSD) for the day)

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