• GBP/AUD rose on Friday as the British currency was swept up in in holiday-thinned trade.
• At GMT 20:58, the pair was trading 0.65% higher at 2.0237, recovering from daily low hit earlier in the day at 2.0110.
• The key focus for markets remains on the upcoming set of tier 1 UK data releases, as these will likely play a crucial role in determining the future direction of the British pound.
• Technical signals are bullish as RSI is at 66, daily momentum studies 5 DMA, 11 DMA’s are trending up.
• Immediate resistance is located at 2.0270 (23.6%fib ), any close above will push the pair towards 2.0322 (Higher BB).
• Strong support is seen at 2.0080 (38.2%fib) and break below could take the pair towards 1.9921(50%fib).
Recommendation: Good to buy on dips around 2.0200 with stop loss of 2.0190 and target price of 2.0300.


FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/CAD retreats slightly but trend is still bullish
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 



