GBP/AUD recovered some ground on Friday as investors booked profits on shorts ahead of long weekend.
• The recovers towards 1.9150 level, A close below 1.9024(38.2%fib), would add to pairs bearish structure.
• GBP/AUD remains vulnerable, only a break and daily close above 1.9213 (50%fib ) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 50, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9185 (5DMA ), any close above will push the pair towards 1.9213(50% fib).
• Strong support is seen at 1.9024(38.2%fib) and break below could take the pair towards 1.8871 (30th May low)
Recommendation: Good to sell on around 1.9160, with stop loss of 1.9250 and target price of 1.9080


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 



