FxWirePro: GBP/NZD gains some ground but bias is still bearish 
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FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
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FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
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FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
• GBP/AUD initially slipped after BoE Governor Andrew Bailey comments but rebounded back above 1.8400 handle.
•Bank of England Governor Andrew Bailey stressed temporary factors of rising inflation and warned market participants not to overreact on monetary conditions prematurely.
• At GMT 17:16, the pair was trading down 0.01 percent at 1.8426 after reaching daily low at 1.8393.
• Bullish momentum is likely to pick up with a move above 38.2% fib, which would target resistance at the higher BB at 1.8502 and then 23.6% fib at 1.8539.
• Immediate resistance is located at 1.8446 (38.2%fib ), any close above will push the pair towards 1.8502 (Higher BB).
•Immediate support is seen at 1.8370 (50%fib ) and break below could take the pair towards 1.8299 (61.8% fib).
Recommendation: Good to buy around 1.8400, with stop loss of 1.8310 and target price of 1.8520.
