• GBP/AUD declined on Friday as higher commodity prices and stock gains supported the Australian dollar.
•The pound edged lower against the Australian dollar , but failed to find strong downward direction
• A daily close below 1.9316(50% fib)will further improve the technical outlook, and open the possibility of a drop towards 1.9200 level.
• Technical signals show the pair could lose more ground in the short-term as RSI has turned lower, daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.9439(38.2%fib),any close above will push the pair towards 1.9485 (Higher BB ).
• Immediate support is seen at 1.9316(50% fib) and break below could take the pair towards 1.9196 (61.8%fib )
Recommendation: Good to sell below 1.9380, with stop loss of 1.9500 and target price of 1.9300


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY bears maintain upper hand
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major) 



