• GBP/AUD declined on Friday as softer-than-expected report U.S. non-farm payrolls data weighed on the pair.
• The slower employment growth could reduce pressure for the Fed to begin tapering asset purchases and, thus, delay rate hikes.
• The is pair heading towards the lower 50% fib, as near term direction of the pair is likely to be driven by current price action.
• Technical outlook for the pair has turned bearish as RSI has turned lower below 50, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.8335(38.2%fib ), any close above will push the pair towards 1.8355 (5DMA).
• Strong support is seen at 1.8248 (50%fib ), and break below could take the pair towards 1.8197 (Lower BB).
Recommendation: Good to sell on around 1.8310, with stop loss of 1.8430 and target price of 1.8240


FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 



