FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
JPY Action Bias: Bullish Pairs to Watch Out For 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro- Major Pair levels and bias summary 
• GBP/AUD initially gained on Monday but rally fizzled as Russia-Ukraine tensions usurped focus on expected BoE rate hike.
• Investors expect the Bank of England to hike rates in February, after data showed on Wednesday that UK inflation rose faster than expected to its highest in nearly 30 years in December.
• Any downside correction is likely to be temporary as barrier at 1.8802 (50%fib) is set to restricting lower move.
• Technical signals are bullish as RSI is at 58, daily momentum studies 5 , 11 and 14 DMA’s are trending up.
• Immediate resistance is located at 1.8908 (38.2%fib ), any close above will push the pair towards 1.8969 (June 24th high).
• Strong support is seen at 1.8862 (5 DMA) and break below could take the pair towards 1.8802 (50%fib).
Recommendation: Good to buy on dips around 1.8860 with stop loss of 1.8800 and target price of 1.8970.
