• GBP/AUD rose on Tuesday as Australian dollar slipped lower after Australia's current account unexpectedly swung into deficit in the March quarter.
• Data from the Australian Bureau of Statistics on Tuesday revealed a first-quarter current account deficit of A$4.9 billion ($3.27 billion), contrary to the forecasted A$5.1 billion surplus..
• A rally towards is 1.9300 level is possible if GBP/AUD bulls overcome resistance at 38.2%fib.
• Technical signals are bullish as RSI is at 57, daily momentum studies 5 , 9 DMA’s are trending up.
• Immediate resistance is located at 1.9223 (38.2%fib ), any close above will push the pair towards 1.9296(23.6%fib).
• Strong support is seen at 1.9167(50%fib) and break below could take the pair towards 1.9108 (50%fib).
Recommendation: Good to buy on dips around 1.9200 with stop loss of 1.9110 and target price of 1.9290


FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro- Woodies pivot (Major)
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 



