• GBP/AUD strengthened on Friday as risk sensitive pound steadied ahead Bank of England meeting.
• Economists polled expect the BoE to raise rates by a further quarter point on May 11 to 4.5%raders lean on hawkish BoE expectations..
• A rally towards is 1.9200 level is possible if GBP/AUD bulls overcome resistance at 1.9149(23.6%fib).
•Technical signals are bullish as RSI is at 73, daily momentum studies 5 DMA, 9 EMA are trending up.
• Immediate resistance is located at 1.9043 (Daily high ), any close above will push the pair towards 1.9149(23.6%fib).
• Strong support is seen at 1.8808(38.2%fib) and break below could take the pair towards 1.8680 (9DMA).
Recommendation: Good to buy on dips around 1.9000 with stop loss of 1.8900 and target price of 1.9100


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/ZAR edges higher but bearish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



