• GBP/AUD declined on Tuesday as upbeat risk sentiment and gains in commodity market boosted Australian dollar against pound.
• The is pair heading towards the lower 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI is trending down, daily momentum studies 5 and 9 DMAs are trending down.
• Immediate resistance is located at 1.8952 (9DMA ), any close above will push the pair towards 1.8979 (38.2%fib).
• Strong support is seen at 1.8887 (50%fib ), and break below could take the pair towards 1.8093 (61.8%fib).
Recommendation: Good to sell on around 1.8920, with stop loss of 1.8990 and target price of 1.8860


FxWirePro: AUD/USD dips after RBA Governor speech
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/ZAR retreats but trend is still bullish
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 



