• GBP/ AUD strengthened on Monday as markets continued to digest the previous week's 25-basis-point rate increase by the Bank of England.
• Central bank expectations is supporting sterling, as inflation remains resilient in the UK economy, though any significant signs of a recession would undermine the pound.
• A rally towards 1.9550 is possible if GBP/ AUD bulls overcome resistance at 23.6%fib.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 58,while moving averages and MACD are trending higher.
• Immediate resistance is located at 1.9465 ( 23.6%fib), any close above will push the pair towards 1.9526 (Higher BB).
• Immediate support is seen at 1.9365 (5DMA) and break below could take the pair towards 1.9295 (38.2%fib).
Recommendation: Good to buy around 1.9440, with stop loss of 1.9380 and target price of 1.9550


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Pair levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary 



