• GBP/AUD declined on Tuesday as sterling was weighed down after data showed UK May GDP missed estimate.
• Gross domestic product rose by 1.8% in May after falling by a record 20.8% in April.
• The is pair is heading towards the (23.6% fib ), as the UK news turns more negative. Only a break and daily close above 50% fib at 1.8267 will shift bias to the upside.
• Technical signals are bearish as RSI is at 40, daily momentum studies 5, 9 and 10 DMAs are trending down.
• On the upside, immediate resistance is located at 1.8032 (11 DMA ), any close above will push the pair towards 1.8103 (38.2% fib).
• On the downside, immediate support is seen at 1.7906 (23.6% fib ) and break below could take the pair towards 1.7843 (Lower BB).
Recommendation: Good to sell around 1.8010, with stop loss of 1.8110 and target price of 1.7900.


FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro : GBP/NZD strongly bearish despite upside attempts
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD rises as soft US data pressures dollar
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 



