• GBP/AUD declined on Monday as investors awaited cues from the Federal Reserve this week amid the recent rise in U.S. Treasury yields.
• Markets expect the U.S. central bank to build on comments by Treasury Secretary Janet Yellen of only small inflation risk with growing employment.
• The pair is currently approaching key support at 1.7900 (30 DMA ). A break under 1.7900 would unmask 1.7835 level in the short term.
• Technical are bearish, daily RSI is turning negative , daily momentum studies 5 and 9 DMAs are trending down.
• Immediate resistance is located at 1.8028 (38.2%fib ), any close above will push the pair towards 1.8129(Higher BB).
• Strong support is seen at 1.7900(30DMA) and break below could take the pair towards 1.7843 (23.6%fib).
Recommendation: Good to sell on around 1.7950, with stop loss of 1.8050 and target price of 1.9860


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY on nervous hold around 160.00
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: USD/ZAR bears maintain upper hand
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: AUD/USD softens as risk appetite abates
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97 



