• GBP /AUD strengthened on Thursday following the Bank of England's raised interest rates by 50 basis points.
• The Bank of England surprised markets with a 50 basis-point rate hike.
• The pair hit daily high at 1.8900 and was last trading at 1.8867 at (GMT 16:26).
• The pairs rise above the 38.2%fib resistance has reinforced the growing bullish strength, putting focus on resistance at 1.8950.
• Immediate resistance is located at 1.8921 (23.6% fib), any close above will push the pair towards 1.9875 (May 25th high).
• Immediate support is seen at 1.8759 (38.2%fib) and break below could take the pair towards 1.8679(14DMA).
Recommendation: Good to buy on dips around 1.8860, with stop loss of 1.8790 and target price of 1.8950.


FxWirePro- Major Pair levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: GBP/NZD gains some ground but outlook is bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro- Woodies pivot (Major)
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



