• GBP/AUD declined on Wednesday as the pair attracted sellers after below-forecast U.S. inflation data raised expectations of a softer Fed rate path.
• US CPI gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices as well as rents, which offset a decrease in prices of used motor vehicles.
• The pair hit daily low at 1.9111, it was last down 1.08% at 1.9120 at GMT 18.28.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is has turned sharply lower.
• Immediate resistance is located at 1.9200 (38.2 % fib), any close above will push the pair towards 1.9348 (38.2 % fib).
• Strong support is seen at 1.9079 (14DMA ) and break below could take the pair towards 1.9079(50 % fib).
Recommendation: Good to sell around 1.9140, with stop loss of 1.9260 and target price of 1.9030


FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: EUR/AUD downward momentum remains in place
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/CAD bulls continue to hold the higher ground
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 



