FxWirePro- Major Pair levels and bias summary 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
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FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
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FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
• GBP /AUD initially rose on Wednesday but gave up some ground on Wednesday as BoE kept the bank rate steady at 5.25%.
•The BoE's decision had a split vote, showing divergent views on the path of monetary policy.
•It was the first time since August 2008, early in the global financial crisis, that separate officials voted to raise and lower interest rates at the same meeting.
• GBP / AUD approached to test resistance 23.6% fib but retreated as bulls lost some strength.
•Technical signals are bullish as RSI is at 65, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.9459(23.6% fib), any close above will push the pair towards 1.9550(Higher BB).
• Strong support is seen at 1.9290 (38.2% fib) and break below could take the pair towards 1.9140(50% fib)
Recommendation: Good to buy around 1.9380, with stop loss of 1.9290 and target price of 1.9460
