• GBP/ AUD declined on Tuesday after data showed the UK labour market weakened even as wage growth stayed strong in July.
• Average weekly earnings growth in the three months to July rose to 8.5% in annual terms .But other labour market gauges underlined caution about the economic outlook.
• Bearish are on course to force a daily close under 1.9411 (50%fib,That would open the pathway to much bigger losses in coming sessions.
• Technical signals show the pair could lose more ground in the short-term as RSI has tuned lower at 45, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9513(5DMA), any close above will push the pair towards 1.9603(38.2%fib).
• Immediate support is seen at 1.9411 (50%fib) and break below could take the pair towards 1.9353(Lower BB).
Recommendation: Good to sell around 1.9450, with stop loss of 1.9650 and target price of 1.9360


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: USD/CNY bears maintain upper hand
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 



