• GBP/AUD retreated on Friday from daily high as the pair was weighed down by political and economic turmoil in UK.
• The pair retreated as unfavorable macroeconomic backdrop overshadowed concerns about politics after Prime Minister Boris Johnson announced his resignation.
• Bulls will need a clear 1.7717 ( 61.8% fib) to take greater control, failure to break higher will spur fresh downward momentum.
• Technical signals are mixed as RSI is at 46, daily momentum studies 5, 30 DMAs are trending north.
• Immediate resistance is located at 1.7590(50%fib ), any close above will push the pair towards 1.7623 (5DMA).
• Strong support is seen at 1.7458 (38.2%fib) and break below could take the pair towards 1.7419 (Lower BB).
Recommendation: Good to sell around 1.7560, with stop loss of 1.7670 and target price of 1.7480.


EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 



