• GBP/AUD declined on Tuesday as investors took some profit off the table.
• GBP/AUD last traded at 1.8256, down 0.54% on the day, after hitting daily low at 1.8236.
• The is pair heading towards the 1.8208 (50%fib), as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI is has turned sharply lower, daily momentum studies 5,9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.8285(38.2%fib ), any close above will push the pair towards 1.8402 (23.6%fib).
• Strong support is seen at 1.8208 (50%fib) and break below could take the pair towards 1.8158 (21DMA).
Recommendation: Good to sell on around 1.8270, with stop loss of 1.8350 and target price of 1.8200


ETHUSD Dip: Prime Buy Zone to $3600 Targets
FxWirePro- Major Pair levels and bias summary
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
FxWirePro- Major Pair levels and bias summary
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



