• GBP/AUD declined on Wednesday as higher metal prices and increased risk appetite in the market boosted Australian dollar.
•Copper futures reached a record high on Wednesday as demand for the base metal remains strong
•Gold reached its highest level in over three weeks on Wednesday, supported by a weaker dollar and lower Treasury yields.
• Technical signals show the pair could lose more ground in the short-term as RSI is lower at 39, daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.9052(38.2%fib),any close above will push the pair towards 1.9127 (April 29th high).
• Immediate support is seen at 1.8893(23.6% fib) and break below could take the pair towards 1.8827 (Lower BB)
Recommendation: Good to sell around 1.8960, with stop loss of 1.9100 and target price of 1.8870


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major US Indices
FxWirePro: GBP/USD dips lower on negative UK retail sales data
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro:EUR/AUD eases but bullish outlook persists
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major European Indices
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



