• GBP/AUD eased on Thursday as gains in equities and iron ore prices boosted Australian dollar.
• Iron ore is Australia's biggest export earner, Dalian iron rose to 11-week high.
• Scope is growing for an eventual break under the 50% fib support level, an eventual break below will accelerate further down.
• Technical signals show the pair could lose more ground in the short-term as RSI is turning sharply lower, daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.8661 (38.2%fib),any close above will push the pair towards 1.8746(Higher BB ).
• Immediate support is seen at 1.8512(50% fib) and break below could take the pair towards 1.8420(Lower BB )
Recommendation: Good to sell below 1.8580, with stop loss of 1.8700 and target price of 1.8500


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY holding bid into weekend 



