• GBP/AUD strengthened on Friday after British economy grew more than expected in the first quarter of the year.
• Gross domestic product expanded by 0.6% in the three months to March, the Office for National Statistics said, the strongest growth since the fourth quarter of 2021 when it rose by 1.5%.
• GBP/AUD recovers some ground but lift stops after finding resistance at 2.0806(5SMA).
• GBP/AUD remains vulnerable, only a break and daily close above 2.0903 (38.2%fib) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 42, daily momentum studies 14 and 21 DMAs are trending down.
• Immediate resistance is located at 2.0806(5SMA), any close above will push the pair towards 2.0903 (38.2%fib).
• Strong support is seen at 2.0742 (23.6%fib) and break below could take the pair towards 2.0670 (Mar 7th low).
Recommendation: Good to sell around 2.0810, with stop loss of 2.0950 target price of 2.0720


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Crypto levels and bias summary 



