• GBP/AUD recovered some ground on Tuesday as expectations about an emergency intervention from UK central bank increased.
• The Bank of England and UK Treasury attempted to soothe market concerns after the government announced a raft of unfunded tax cuts.
• GBP/AUD remains vulnerable, only a break and daily close above 1.6822 (9DMA) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 35, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.6720 (50%fib ), any close above will push the pair towards 1.6812 (9DMA).
• Strong support is seen at 1.6504 (38.2%fib) and break below could take the pair towards 1.6221 (23.6% fib)
Recommendation: Good to sell on around 1.6670, with stop loss of 1.6780 and target price of 1.6560


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro-Major European Indices
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 



