• GBP/AUD dipped towards 1.9000 level on Friday as weak business activity and retail data kept the sterling on the back foot.
•The preliminary reading of the UK S&P Global Purchasing Managers' Index (PMI) for the services sector sank to its lowest since the pandemic lockdown of January 2021
• British retail data showed consumer spending partially recovered in August after a rain-soaked July - growing 0.4% month-to-month - but narrowly missed economist forecasts.
• Technicals are favouring bearish sentiment as RSI is at 32 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 1.9047 (5DMA), any close above will push the pair towards 1.9144(38.2%fib)
• Strong support is seen at 1.8979 (38.2% fib)and break below could take the pair towards 1.8933 (Lower BB).
Recommendation: Good to sell around 1.9010, with stop loss of 1.9150 and target price of 1.8920


FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 



