• GBP/AUD eased on Tuesday as dovish BoE rate outlook kept sterling on the back foot.
• BoE has almost certainly reached the end of its campaign of raising interest rates, after the central bank last week left monetary policy unchanged with the economy slowing.
• A close below 23.6% fib will likely trigger a new bearish phase with potential for 1.8850.
• Technicals are favouring bearish sentiment as RSI is at 32 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 1.9026 (5DMA), any close above will push the pair towards 1.9100(38.2%fib)
• Strong support is seen at 1.8943 (23.6% fib)and break below could take the pair towards 1.8873 (Lower BB).
Recommendation: Good to sell around 1.9000, with stop loss of 1.9150 and target price of 1.8900


FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Pair levels and bias summary
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Crypto levels and bias summary
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 



