JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: AUD/USD dips after RBA Governor speech 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
• GBP/AUD initially dipped on Wednesday on higher commodity prices but recovered ground as investors ramped up expectations of further rate rise by BoE.
• GBP has been consolidating of late against Australian dollar on increased expectation BoE is expected to hike a further 25bps on Feb 3.
• Currently, the 1.8781 (50% fib) barrier is restricting lower move, will likely be a speed bump to bears.
• Technical signals are bullish as RSI is at 59, daily momentum studies 5, 9 and 10 DMAs are trending north.
• Immediate resistance is located at 1.8851 (38.2% fib), any close above will push the pair towards 1.8936(23.6%fib).
• Strong support is seen at 1.8781 (50% fib) and break below could take the pair towards 1.8740(14DMA).
Recommendation: Good to buy on dips around 1.8800, with stop loss of 1.8700 and target price of 1.8880
