• 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- Major US Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major European Indices
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Woodies Pivot(Major)
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Woodies Pivot(Major)
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 



