• GBP/AUD dipped on Friday as knock-on effects from French President Emmanuel Macron's gamble to call snap elections and weaker UK GDP data for April weighed on the pound.
• Next week, the upcoming schedule includes UK Consumer Price Index (CPI), the Bank of England's interest rate decision, and preliminary PMI data.
• Technicals are favouring bearish sentiment as RSI is at 49 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 1.9218 (50%fib), any close above will push the pair towards 1.9262(Daily high)
• Strong support is seen at 1.9159 (38.2% fib)and break below could take the pair towards 1.9080 (23.6% fib).
Recommendation: Good to sell around 1.9200, with stop loss of 1.9300and target price of 1.9120


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/AUD under pressure as pound continues to weaken
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Woodies pivot (Major) 



