• GBP/ AUD initially gained but gave up some ground on Wednesday as investors awaited key US data.
• US July CPI due Thursday & July US PPI due on Friday, may impact overall trend.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 62,while moving averages and MACD are trending higher.
• Immediate resistance is located at 1.9506(23.6%fib), any close above will push the pair towards at 1.9570( Higher BB).
• Immediate support is seen at 1.9438( 5DMA) and break below could take the pair towards 1.9366(38.2%fib).
Recommendation: Good to buy around 1.9460, with stop loss of 1.9340 and target price of 1.9520


FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 



