• GBP/ AUD strengthened on Thursday as drop in equity , commodity prices weighed on Australian dollar .
• Australian dollar also weakened against pound on concerns about interest rate hikes, global growth and China's COVID curbs.
• Technical signals show the pair could gain more ground in the short-term as RSI is 51,while moving averages are trending higher.
• Immediate resistance is located at 1.7131( 6th Sep high), any close above will push the pair towards 1.7226 (50DMA).
• Immediate support is seen at 1.7083(38.2%fib) and break below could take the pair towards 1.7054 (9DMA).
Recommendation: Good to buy around 1.7125, with stop loss of 1.7080 and target price of 1.7200


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Crypto Bias Report: Trend Signals and Top Bullish Picks
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD edges lower but bullish outlook persists
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



