• GBP / AUD edged higher on Monday but gains were limited amid holiday-thinned trading volumes.
• Trading remained thin with both U.K. and U.S. markets closed for holidays, resulting in low liquidity conditions and potentially exaggerated price movements.
• Looking ahead, attention will shift to key domestic eonomic data from Australia, which could influence RBA expectations and drive further price action in GBP / AUD .
• Technical signals are bullsih as RSI is heading up at 75, daily momentum studies 11, 14 and 21 DMAs are trending up.
• Immediate resistance is located at 2.0977(Higher BB), any close above will push the pair towards 2.1115(38.2% fib).
• Strong support is seen at 2.0822(50% fib) and break below could take the pair towards 2.0685 (May 20th low)
Recommendation: Good to buy around 2.0900, with stop loss of 2.0820 and target price of 2.1000


FxWirePro: USD/JPY caught in narrow range, bias bearish
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major European Indices
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 



