• GBP /AUD traded up on Wednesday as prospects for further tightening by the BoE boosted the pound against weaker Australian dollar
• The pair hit daily high at 1.8723 and was last trading at 1.8690 .
• Technical signals are bearish as RSI is at 44, daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.8576 (5DMA), any close above will push the pair towards 1.8797 (38.2%fib)
• Immediate support is seen at 1.8576 (50%fib) and break below could take the pair towards 1.8475 (Lower BB).
Recommendation: Good to sell around 1.8730, with stop loss of 1.8800 and target price of 1.8650.


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD bulls remain cautiously optimistic
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major European Indices
FxWirePro: USD/CAD extends decline on broad dollar weakness 



