• GBP/AUD declined on Thursday as slowing pace of the covid vaccinations in the UK continued to weigh on the pair.
• The is pair heading towards the Ichimoku cloud top, as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI is negative at 46, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.8078(9 DMA ), any close above will push the pair towards 1.8131 (23.6% fib).
• Strong support is seen at 1.1739 (38.2%fib) and break below could take the pair towards 1.7896 (Ichimoku cloud top).
Recommendation: Good to sell on around 1.7950, with stop loss of 1.8100 and target price of 1.7890


NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Woodies pivot (Major)
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Major Pair levels and bias summary
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



