• GBP/AUD declined on Monday as investors weighed up the impact of the European Union’s threat to impose a ban on vaccine imports to Britain.
• GBP/AUD last traded at 1.7312, down 0.07% on the day, after briefly falling to 1.7848 earlier.
• Technical signals are bearish as RSI is at 48, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.7930 (9 DMA ), any close above will push the pair towards 1.7985(50% fib).
• Immediate support is seen at 1.7851(38.2%fib ) and break below could take the pair towards 1.7766(Lower BB).
Recommendation: Good to sell around 1.7880, with stop loss of 1.8000 and target price of 1.7800.


Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/CAD slips after Fed holds rates steady
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 



