• GBP/AUD declined sharply on Wednesday as the pair attracted seller after below forecast US CPI readings.
•The U.S. Consumer Price Index (CPI) was unchanged last month after advancing 1.3% in June.
• The pair dropped to test 23.6% fib. A break under would unmask 1.7150 level .
• Technical signals show bearish momentum , the 5 DMA and 9 DMAs trend south, while RSI is heading south at 40.
•Immediate resistance is located at 1.7308(5DMA ) , any close above will push the pair towards 1.7445 (38.2% fib).
• Immediate support is seen at 1.7225 (23.6% fib ) and break below could take the pair towards 1.7176 (Lower BB ).
Recommendation: Good to around 1.7250, with stop loss of 1.7350 and target price of 1.7150


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: AUD/USD dips on soft China data
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major European Indices 



