• GBP/AUD declined on Thursday as higher US yields, USD/CNH rally boosted Australian dollar.
• Australian dollar rallied against pound despite a weaker trade balance and lower building permits data.
• The pair dropped to test 1.9062(23.6% fib ). A break under would unmask 1.9000 level .
• Technical signals show bearish momentum , the 5 DMA and 9 DMAs trend south, while RSI is heading south at 48.
•Immediate resistance is located at 1.9159 (50%fib ) , any close above will push the pair towards 1.9216 (May 2nd high).
• Immediate support is seen at 1.9062(23.6% fib ) and break below could take the pair towards 1.9032 (Lower BB ).
Recommendation: Good to sell around 1.9100, with stop loss of 1.9200 and target price of 1.9020.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro- Major Crypto levels and bias summary 



