• GBP/ AUD gained on Wednesday after the U.S. Federal Reserve announced that it would raise interest rates by half a percentage point and said it was too soon to consider rate cuts.
• GBP/ AUD jumped on the Fed news, and was last up nearly 0.10% on the day.
• GBP/ AUD gains near 23.6%fib,consolidation likely to continue while market seeks fresh factors.
• Technical signals are strongly bullish as RSI is bullish at 62, 5, 9,11 DMAs are trending up.
• Immediate resistance is located at 1.8134 (38.2%fib), any close above will push the pair towards 1.82451 (Dec 6th high).
• Immediate support is seen at 1.7985 (21DMA) and break below could take the pair towards 1.7866( 50%fib).
Recommendation: Good buy around 1.8090 with stop loss of 1.8000 and target price of 1.8150


FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major European Indices
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 



