• GBP/ AUD rose higher on Wednesday as surge was driven by stronger-than-expected UK services inflation data for June, which led markets to lower their expectations for an August rate cut.
• Official data showed that British inflation held steady at 2.0% year-on-year last month, exceeding the 1.9% expected by analysts.
• Sterling bulls are likely to make a run higher, putting 23.6%fib resistance in sharp focus.
• Immediate resistance is located at 1.9365(23.6%fib), any close above will push the pair towards 1.9429 (April 18th high).
• Immediate support is seen at 1.9288(38.2%fib) and break below could take the pair towards 1.9224 (50%fib).
Recommendation: Good to buy around 1.9320, with stop loss of 1.9260 and target price of 1.9390


FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major US Indices 



