• GBP/ AUD recovered some ground on Thursday as the pair was supported by global equity gains on dovish Powell.
• The pair is holding near today's high, but repeated failures to push above 1.7789 is discouraging retreat.
• The pair is set to resume its downtrend, only a break and daily close above 50% fib at 1.7918 will shift bias to the upside.
• Technical signals are bearish as RSI is at 46, 11, 21 DMAs are trending down.
• Immediate resistance is located at 1.7789 (38.2% fib), any close above will push the pair towards 1.7883 (11DMA).
• Immediate support is seen at 1.7685 (Lower BB) and break below could take the pair towards 1.7620(23.6%fib).
Recommendation: Good sell around 1.7740, with stop loss of 1.7920 and target price of 1.7600


FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



