FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
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NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
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Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
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FxWirePro: EUR/AUD downward momentum remains in place 
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FxWirePro- Major Pair levels and bias summary 
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EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
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FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
• GBP/AUD dipped initially but recovered some ground as investors digested UK GDP data.
• The British economy dropped by 0.3% in the three months to December, entering a recession in the second half of 2023, after contracting by 0.1% between July and September, according to official data from the Office for National Statistics (ONS).
• A close below 1.9244 (50% fib), would add to sterling's bearish structure, opening the way towards 1.9200 level.
• Technical are bearish, daily RSI has turned lower, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9387(38.2% fib), any close above will push the pair towards 1.8665 (23.6% fib).
• Strong support is seen at 1.9244 (50% fib) and break below could take the pair towards 1.9166(Lower BB).
Recommendation: Good to sell on around 1.8340, with stop loss of 1.8500 and target price of 1.9250
