• GBP/ AUD strengthened on Wednesday but gains were limited as investors awaited UK May GDP and U.S. CPI data for policy path clues.
• UK May GDP data is due Thursday, data follows US June CPI data later in US session. Solid UK GDP print and a soft US CPI print is expected on Thursday.
•GBP/ AUD has run out of steam after hitting resistence at 1.9051, pair is like to fall further into bear territory.
• The technical outlook remains bearish and points to eventual bigger losses, Fourteen-day momentum is negative, reinforcing the scope for a bigger slump.
• Immediate resistance is located at 1.9051( 38.2%fib), any close above will push the pair towards 1.9130 (50%fib).
• Immediate support is seen at 1.8961 (23.6%fib) and break below could take the pair towards 1.8914(Lower BB).
Recommendation: Good to sell around 1.9040, with stop loss of 1.9160and target price of 1.8960


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD loses momentum but bullish setup remains
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary 



