• GBP/AUD declined on Friday as Australian continued to benefit from higher commodity prices
• Dalian iron ore closed up 2.8% , LNG prices hit record high. Iron ore, LNG and coal are big export earners for Australia
• The is pair heading towards 23.6% fib support, as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI is negative at 16, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.8031(38.2% fib), any close above will push the pair towards 1.8133 (50% fib).
• Strong support is seen at 1.7933 (Daily low) and break below could take the pair towards 1.7893 (23.6% fib).
Recommendation: Good to sell on around 1.7960, with stop loss of 1.8040 and target price of 1.7820


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major European Indices
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 



