• GBP/AUD dipped on Monday as traders continue to digest the recent US employment report that keeps investors’ chances about an interest rate cut by the Fed..
• On the data front, UK retail sales volumes rose 0.6% in July from June, the Office for National Statistics reported Friday, beating economists’ forecast for a 0.2% increase.
• Data highlights mounting fears among businesses that Finance Minister Rachel Reeves’ upcoming November 26 budget could bring further tax rises.
• Technical signals are bearish as RSI is at 39, daily momentum studies 5, 9 and 10 DMAs are trending south.
• Immediate resistance is located at 2.0676(38.2% fib), any close above will push the pair towards 2.0724 (Higher BB).
• Strong support is seen at 2.0476 (Lower BB) and break below could take the pair towards 2.0383(23.6% fib).
Recommendation: Good to sell around 2.0580 with stop loss of 2.0680 and target price of 2.0450


FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: USD/JPY dips below lower range, bearish bias increases
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets 



