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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
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FxWirePro- Woodies Pivot(Major) 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
• GBP/AUD declined on Friday as slightly stronger Australian dollar and mixed UK PMI data weighed on sterling.
• Next week market participants will be closely observing the inflation data in the UK and the core personal consumption expenditures in the US to insights into the economic conditions of both the UK and US economies.
• Bears are on course to force a daily close 38.2% fib support,that would open the pathway to much bigger losses .
• Technical signals are bearish as RSI is at 41, momentum studies 11, 21 and 30 DMAs are trending down.
• Strong resistance is located at 1.8940(50% fib), any close above will push the pair towards 1.9004 (61.8% fib)
• Immediate support is seen at 1.8876 (38.2% fib) and break below could take the pair towards 1.8799 (23.6% fib).
Recommendation: Good to sell around 1.8900, with stop loss of 1.8980 and target price of 1.8820
