• GBP/AUD initially declined on Tuesday but recovered some ground as investors geared up for a Fed meeting.
• GBP/AUD last traded at 1.7939, up 0.016% on the day, after briefly falling to 1.7873 earlier.
• Bulls will need a clear 1.8045 (50% fib) to take greater control, failure to break higher could lead to further downside.
• Technical are bearish, daily RSI is negative at 49, daily momentum studies 5 and 9 DMAs are trending down.
• Immediate resistance is located at 1.8056 (38.2%fib ), any close above will push the pair towards 1.8134 (Higher BB).
• Strong support is seen at 1.7862 (Daily low) and break below could take the pair towards 1.7799 (23.6%fib).
Recommendation: Good to sell on around 1.7950, with stop loss of 1.8100 and target price of 1.7880


FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/CNY hits 15-month low , scope for further downside
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 



