• GBP/AUD declined on Friday as higher commodity prices and help from US data boosted Australian dollar.
GBP/ AUD drops swiftly from 1.7645 (Daily high)to 1.7549(38.2% fib). Break lower risks run towards 1.7460 level.
• Technical signals show the pair could lose more ground in the short-term as RSI is lower at 35 lower, daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.7648(Daily high),any close above will push the pair towards 1.7718(50% fib).
• Immediate support is seen at 1.7549(38.2% fib) and break below could take the pair towards 1.7480(Nov 14th low ).
Recommendation: Good to sell below 1.7600, with stop loss of 1.7680and target price of 1.7570


Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD under pressure as pound continues to weaken
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CAD edges lower but bullish outlook persists 



