• GBP/AUD edged higher on Monday as investors awaited for RBA and Bank of England policy meetings this week.
•The Reserve Bank of Australia is expected to raise interest rates on Tuesday, joining a long list of central banks now expected to tighten policies at a much faster pace than previously thought to tame surging inflation.
• The BoE is expected to raise interest rates at a fourth meeting in a row on May 5, the first time it has done that since 1997.
• The pair currently is approaching resistance at 1.7732( 38.2%fib). A break above 1.7732 would unmask 1.7850 level in the short term.
• Technical signals are bullish as RSI is at 52, daily momentum studies 5, 9 and 11 DMAs are trending north.
• Immediate resistance is located at 1.7732 (38.2%fib ), any close above will push the pair towards 1.7878(Higher BB).
• Strong support is seen at 1.7681(5DMA) and break below could take the pair towards 1.7584 (50% fib).
Recommendation: Good to buy on dips around 1.7700, with stop loss of 1.7580 and target price of 1.7830.


GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary 



