• GBP/AUD declined on Thursday as impact of Russia’s invasion of Ukraine weighed on the pair.
•Australia's biggest exports, LNG and iron ore, are both surged due to supply concerns stemming from the economic and financial sanctions placed on Russia .
• GBP/AUD started to trend lower in early February and the trend has accelerated since the start of the Ukraine crisis. The cross is down over 5.5% since Feb 4.
• Technical signals show bearish momentum , the 5 DMA and 9 DMAs trend south, while RSI is heading south at 42.59.
• Immediate resistance is located at 1.8307 (38.2% fib ), any close above will push the pair towards 1.8232 (5 DMA).
• Immediate support is seen at 1.8191 (23.6% fib ) and break below could take the pair towards 1.8085 (Lower BB ).
Recommendation: Good to around 1.8200, with stop loss of 1.8300 and target price of 1.8100


FxWirePro: NZD/USD edges lower, remains on back foot
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 



