• GBP/AUD rally extended on Thursday as the pair was boosted by higher Bank of England interest rate expectations and weaker Australian dollar.
• Latest UK inflation numbers reinforced bets that the BoE will likely hike interest rates again.
• A rally towards 2.0000 is possible if GBP/AUD bulls overcome resistance at 23.6%fib.
• From a technical viewpoint, RSI is strongly bullish at 57, daily momentum studies, 5, 10 and 21 daily MAs all climb.
• Immediate resistance is located at 1.9919(23.6%fib), any close above will push the pair towards 1.9988(Higher BB).
• Immediate support is seen at 1.9793 (Daily low) and break below could take the pair towards 1.8186 (5DMA).
Recommendation: Good to buy around 1.9890, with stop loss of 1.9790 and target price of 2.0000


Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 



