• GBP/AUD strengthened on Tuesday as increased risk-appetite boosted sterling.
• Markets have rallied behind sterling as investors gained renewed confidence in the currency as the latest economic data revealed that the UK avoided a recession.
• A rally towards is 1.8777 level is possible if GBP/AUD bulls overcome resistance at 1.8702.
• Technical are strongly bullish, daily RSI is positive at 71, daily momentum studies 14 and 21 DMAs are trending up.
• Immediate resistance is located at 1.8702 (Daily high), any close above will push the pair towards 1.8777 (23.6%fib).
• Strong support is seen at 1.8622 (5DMA) and break below could take the pair towards 1.8560 (38.2%fib).
Recommendation: Good to buy on around 1.8650, with stop loss of 1.8500 target price of 1.8750


FxWirePro: GBP/NZD gains some ground but outlook is bearish
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish 



