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Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
• GBP/AUD declined after initially gaining on Monday as discovery of the Omicron coronavirus variant prompted investors to dump pound.
• GBP/AUD fell to an daily low after rallying into positive territory.Today's rally above stalled at 1.8731 as sellers emerged.
• Technical signals are bearish as RSI is overbought and struggling to confirm gains.
• Immediate resistance is located at 1.8749 (23.6% ), any close above will push the pair towards 1.8800(Psychological level).
• Immediate support is seen at 1.8622 (38.2%fib ) and break below could take the pair towards 1.8515 (50%fib).
Recommendation: Good to sell around 1.8630 with stop loss of 1.8750 and target price of 1.8570.
