• GBP/AUD rebounded after initially falling on Friday as the impact of weak UK economic data on the British currency was tempered by worse numbers coming out of the U.S.
• In an up-and-down session, the pair hit low at 1.7219 in early trading then gained towards 1.7326 after US manufacturing data.
• GBP/AUD remains vulnerable, only a break and daily close above 1.7593 (50% fib) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 37, daily momentum studies 5 ,9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.7350 (Daily high ), any close above will push the pair towards 1.7383(5DMA).
• Strong support is seen at 1.7219 (23.6%fib) and break below could take the pair towards 1.7173(April 5th low).
Recommendation: Good to sell around 1.7360, with stop loss of 1.7480 and target price of 1.7220


FxWirePro: NZD/USD downside pressure builds, key support level in focus
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major European Indices
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 



