• GBP/AUD rose on Friday as expectations BoE will hike interest rate next week boosted pound against weaker Australian dollar.
• BoE expectations are helping pound gain against low-yielding currencies as rates dominate FX pricing in post-pandemic markets
• The rallies above the 1.9200,lift stops after finding resistance zone at 1.8982 (50% fib).
• GBP/AUD remains bullish, only a break and daily close below 38.6% fib at 1.9449 will shift bias to the downside.
• Technicals are bullish, daily RSI rising, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.9220 (23.6%fib ), any close above will push the pair towards 1.9278 (2nd Dec 2019 high).
• Strong support is seen at 1.9098 (38.2%fib )and break below could take the pair towards 1.8986 (50%fib).
Recommendation: Good to buy on around 1.9100, with stop loss of 1.9000 and target price of 1.9220


FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major European Indices
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



