• GBP/AUD recovered some ground on Tuesday as the pair pushed its recovery envelope from 1.9264 level as investors assessed the policy path of the British and the U.S. central banks.
•Bank of England Chief Economist Huw Pill stated that the primary question for the majority of the central bank's policymakers was not if, but when it would be suitable to commence interest rate cuts.
• Pair traded in 1.9244/1.9355 range and was last trading at 1.9319 up 0.01 percent in the US afternoon.
• Technical signals are bearish as RSI is at 60, daily momentum studies 5,9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.9420(23.6%fib), any close above will push the pair towards 1.9472(Higher BB).
• Strong support is seen at 1.9251 (38.2%fib ) and break below could take the pair towards 1.9182 ( (Jan 30th low).
Recommendation: Good to buy around 1.9310, with stop loss of 1.9230 and target price of 1.9390


FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Woodies pivot (Major)
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/CAD edges lower but bullish outlook persists
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro:USD/JPY hovers near a four-decade low
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



