• GBP/AUD recovered some ground on Wednesday after UK manufacturing survey data pointed to a small increase in output.
• The Purchasing Managers Index survey for June came in at 50.1, in line with the forecast and up from 40.7 in May.
• Bullish momentum is increasing but 14-day moving average points negative momentum.
• GBP/AUD remains vulnerable, only a close back above 1.8237 (30 DMA), could upset the bearish order.
• Immediate resistance is located at 1.8048 (23.6% fib ), any close above will push the pair towards 1.8079 (14 DMA).
• Strong support is seen at 1.7906 (Daily low) and break below could take the pair towards 1.7833 (Lower BB).
Recommendation: Good to sell around 1.8000, with stop loss of 1.8100 and target price of 1.7900


FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: USD/ZAR bears maintain upper hand
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro- Major Pair levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro- Woodies pivot (Major) 



