• GBP/AUD extended its yesterday’s bounce as upbeat UK GDP data boosted sterling against weaker Australian dollar.
• England's economy grew by a more than-anticipated 2.1% in March from February, building up momentum for what is expected to be a sharp rebound this year after its profound Covid drop of 2020.
•The pair is currently approaching resistance at 1.8232(23.6% fib). Break above will further strengthen upside in the pair.
• Technical signals are bullish as RSI is at 46, daily momentum studies 50 DMA, 5 EMA are trending up.
• Immediate resistance is located at 1.8232 ( 23.6%fib), any close above will push the pair towards 1.8252 ( 300DMA).
• Strong support is seen at 1.8146 (38.2%fib) and break below could take the pair towards 1.8100(Psychological level).
Recommendation: Good to buy around 1.8150, with stop loss of 1.8050 and target price of 1.8250


Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: GBP/AUD gains some upside momentum but still bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/ CNY remains soft ahead of Fed decision 



