• GBP/AUD declined on Friday as a bigger-than-expected drop in January UK retail sales attracted seller.
•The pair extended its drop to hit 1.7810, a one week low, it was last down 0.94% on the day.
• The pair is testing 1.7808 (50%fib ). A break under 1.7808 would unmask 1.7731 (Higher BB).
•Technical signals show the pair could lose more ground in the short-term as RSI is has turned sharply bearish, daily momentum studies 9, 10 and 11 DMAs are trending down.
• Immediate resistance is located at 1.7889 (21DMA ), any close above will push the pair towards 1.7960 (38.2%fib).
• Immediate support is seen at 1.7808 (50%fib ), break below could take the pair towards 1.7731 (Higher BB)..
Recommendation: Good to sell around 1.7808 with stop loss of 1.8000 and target price of 1.7740.


FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/CAD dips below lower range, bearish bias increases
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 



