• GBP/AUD strengthened on Thursday as risk-sensitive GBP was supported by positive U.S. equity futures.
• GBP/AUD hits intraday high at 1.8789 and it was last trading at 1.8751.
• GBP/AUD remains bullish, only a break and daily close above 1.8520 (50% fib) will shift bias to the downside.
• Technical lean bullish as daily RSI is positive at 64, daily momentum studies 14 and 21 DMAs are trending up.
• Immediate resistance is located at 1.8764 (23.6%%fib ), any close above will push the pair towards 1.8860 (Higher BB).
• Strong support is seen at 1.8685 (5DMA) and break below could take the pair towards 1.8628 (38.2%fib).
Recommendation: Good to buy around 1.8730, with stop loss of 1.8600 and target price of 1.8850


FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 



