• GBP/AUD strengthened on Friday as sterling picked up some gains after the Bank of England (BoE) held interest rates at a 15-year high.
• The BoE left borrowing costs unchanged at 5.25% this week and published forecasts showing the British economy was likely to skirt close to a recession and flat-line in the coming years.
• The pair repeated failures to push above 1.9098( 5DMA)is discouraging longs.
• Technical outlook is bearish in short-term as RSI has turned lower, moving averages are mixed.
• Immediate resistance is located at 1.9046 (5DMA), any close above will push the pair towards 1.9098( 38.2%fib).
• Strong support is seen at 1.8908 (23.6% fib) and break below could take the pair towards 1.8853 (Sep 29th low ).
Recommendation: Good to sell around 1.9000, with stop loss of 1.9100 and target price of 1.8900


FxWirePro- Woodies pivot (Major)
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/CAD bulls continue to hold the higher ground 



