• GBP/AUD eased slightly from 1.7500 level on Thursday as investors awaited Friday's UK retail sales data for additional guidance on UK rate cut expectations.
• Investors expect annual Retail Sales excluding fuel prices to have grown by 1.3%, surpassing the previous reading of 0.3%.
• At GMT 17:54, the pair was trading up 0.01 percent at 1.9337 after reaching daily high at 1.9414.
• Technical signals are bullish as RSI at 72, daily momentum studies 21, 30 and 50 DMA’s are trending up.
• Immediate resistance is located at 1.9394 (Jan 17th high), any close above will push the pair towards 1.9414 (23.6% fib).
• Immediate support is seen at 1.9302(38.2% fib) and break below could take the pair towards 1.9202 (50% fib).
Recommendation: Good to buy around 1.9330, with stop loss of 1.9200 and target price of 1.9430


FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro:EUR/AUD eases but bullish outlook persists 



