• GBP/AUD declined on Monday as buoyant risk appetite and expectations that interest rates will not be cut anytime soon.
• The RBA has nearly ruled out a rate cut by year-end, but markets remain optimistic, with a 70% chance that the RBA could still ease rates before the year is over.
• GBP/AUD is approaching 38.2%fib support, break lower risks run towards 1.9250 level.
• Technical are bearish, daily RSI is turning negative at 42 , daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9427(50%fib ), any close above will push the pair towards 1.9482(Aug 16th high).
• Strong support is seen at 1.9295 (38.2%fib ), and break below could take the pair towards 1.9218 (Lower BB).
Recommendation: Good to sell on around 1.9300 with stop loss of 1.9370 and target price of 1.9250


FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: EUR/AUD downward momentum remains in place
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
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: USD/ZAR sell bias remains below key resistance zone 



