• GBP/AUD eased from 1.7500 level on Friday after data showed the UK economy was on the verge of recession.
•Data showed Britain's economy showed zero growth in the final three months of 2022,
• The pair pulled back after failing to break resistance at 1.7503 , it was last trading at 1.7426
• Technical signals are bearish as RSI at 45, daily momentum studies 21, 30 and 50 DMA’s are trending down.
• Immediate resistance is located at 1.7503 (50% fib), any close above will push the pair towards 1.7537( 30DMA).
• Immediate support is seen at 1.7401(38.2% fib) and break below could take the pair towards 1.7358(Feb 9th low).
Recommendation: Good to sell around 1.7430, with stop loss of 1.7540 and target price of 1.7360.


FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/AUD bears maintain upper hand
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro:USD/JPY hovers near a four-decade low 



