• GBP /AUD strengthened on Monday as a series of influential economic data releases from last week provided support for the pound.
• The pound has received support from more optimistic UK economic data, which has dampened the dovish sentiment following the latest meeting, view supported by comments from MPC members indicating that the fight against inflation continues.
• Markets are now awaiting U.S. and UK employment, wages and price data to refine interest rate expectations.
• From a technical viewpoint, RSI is strongly bullish at 59, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.9408 (23.6%fib), any close above will push the pair towards 1.9491 (Higher BB).
• Immediate support is seen at 1.9301(38.2%fib) and break below could take the pair towards 1.9252 (Feb 15th low).
Recommendation: Good to buy on dips around 1.9400, with stop loss of 1.9300 and target price of 1.9480


FxWirePro -Major European Indices
FxWirePro- Woodies Pivot(Major)
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro:NZD/USD continues to recovers , upside pressure builds
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: AUD/USD retreats slightly but trend is still bullish 



