• 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


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 



