• GBP/AUD declined on Thursday as Australian dollar gained on risk-on flows and higher commodity prices.
• GBP/AUD continued to trade lower, trading between 1.8860 and 1.8785 range
• Any downside correction is likely to be temporary as barrier at 1.8711 (61.8%fib)is set to restricting lower move.
• Technical signals show RSI is at 59 bullish , daily momentum studies 9, 10 and 11 DMAs are trending upwards.
• Immediate resistance is located at 1.8853 (38.2% fib), any close above will push the pair towards 1.8943 (23.6%fib).
• Immediate support is seen at 1.8788 (50% fib) and break below could take the pair towards 1.8711 (61.8%fib).
Recommendation: Good to buy on dips around 1.8800, with stop loss of 1.8700 and target price of 1.8900.


FxWirePro- Major Crypto levels and bias summary
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Woodies Pivot(Major)
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 



