• GBP/AUD eased from daily high on Tuesday as traders focus turned to UK Q1 GDP on Thursday.
•The UK's gross domestic product (GDP) figures may further bolster the confidence of Bank of England (BoE) policymakers in favor of an interest rate cut in August.
• The pair inability to hold gains above 38.2% fib resistence may increases the likelihood of a drop towards1.9000 level.
• Technical are bearish, daily RSI is negative at 45, daily momentum studies 5,8 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9103 (38.2%fib), any close above will push the pair towards 1.9172 (50% fib).
• Strong support is seen 1.9017(23.6%fib) and break below could take the pair towards 1.8987(Lower BB)
Recommendation: Good to sell around 1.9100, with stop loss of 1.9200 and target price of 1.9020


FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/NZD gains some upside momentum but still bearish
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro- Major Pair levels and bias summary
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro- Woodies pivot (Major)
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 



