• GBP/AUD initially dipped on Thursday but recovered some of the ground as buying demand continued near 1.8840 level.
• The pair hit daily low at 1.8809, it last trading at 0.19% at 1.8842.
• Technical signals are bullish as RSI is at 69, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.8909(23.6%fib ), any close above will push the pair towards 1.8973 (Higher BB).
• Strong support is seen at 1.8747 (5DMA) and break below could take the pair towards 1.8631(38.2%fib).
Recommendation: Good to buy around 1.8820 with stop loss of 1.8720 and target price of 1.8900 .


FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major European Indices
FxWirePro: USD/CAD extends decline on broad dollar weakness 



