• GBP/AUD declined on Monday as the pair ran into resistance after ticking up from 1.8983.
• GBP has been consolidating of late on rise in UK economic growth and hawkish BoE .
• GBP/AUD remains bullish, only a break and daily close below 50% fib at 1.8903 (50% fib).
will shift bias to the downside.
• Technical signals are bullish as RSI is at 54, daily momentum studies 5, 9 and 10 DMAs are trending north.
• Immediate resistance is located at 1.9008(38.2%fib ), any close above will push the pair towards 1.9143 (23.6%fib).
• Strong support is seen at 1.8947 (20DMA) and break below could take the pair towards 1.8903 (50% fib).
Recommendation: Good to buy on dips around 1.8980, with stop loss of 1.8900 and target price of 1.9060.


FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Major Crypto levels and bias summary
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



