• GBP/AUD steadied on Wednesday after data showed UK price pressures picked up a lot more than expected in February.
• British consumer price inflation unexpectedly rose to 10.4% in February from January's 10.1%, figures from the Office for National Statistics showed on Wednesday.
• At GMT 17:35, the pair was trading up 0.18 percent at 1.8342
• Technical signals are bullish as RSI is rising at 72, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.8354 (23.6%fib), any close above will push the pair towards 1.8429 (Higher BB )
• Strong support is seen at 1.8257 (5DMA) and break below could take the pair towards 1.8177 (38.2%fib).
Recommendation: Good buy around 1.8320, with stop loss of 1.8200 and target price of 1.8400


FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists 



