• GBP/ AUD steadied around 1.9545 on Monday as traders looked for key data for hints on the BoE's future interest rate hike trajectory.
• Figures on Friday from the Office for National Statistics showed British economic output growing by 0.5% in June, above expectations of economists in a poll for 0.2% growth.
•The stronger-than-expected showing raised expectations that the Bank of England will keep on raising interest rates.
• From a technical viewpoint, the moving averages are pointing upwards, while the RSI is strongly bullish at 64.
• Immediate resistance is located at 1.9564(Aug 8th high), any close above will push the pair towards 1.9629 (23.6%fib).
• Strong support is seen at 1.9490 (5DMA) and break below could take the pair towards 1.9455 (38.2%fib)
Recommendation: Good to buy around 1.9530 with stop loss of 1.9410 and target price of 1.9620


Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 



