• GBP/AUD recovered from initial declined on Friday as traders remained reluctant to push the pair beyond recent ranges.
• The pair slid to hit daily low at 1.8356 after UK retail sales disappointed, but recovered to trade at 1.8419.
• GBP/AUD remains vulnerable, only a break and daily close above 1.8520(50%fib) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 37, daily momentum studies 5,10 and 14 DMAs are trending down.
• Immediate resistance is located at 1.8438 (38.2%fib ), any close above will push the pair towards 1.8479(11DMA).
• Strong support is seen at 1.8363(Daily low) and break below could take the pair towards 1.8325 (23.6%fib).
Recommendation: Good to sell around 1.8430, with stop loss of 1.8550 and target price of 1.8350


FxWirePro-Major European Indices
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro- Woodies Pivot(Major)
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD remains bullish as rally continues
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 



