• GBP/AUD recovered some ground on Wednesday as the pair was swept up after RBA confirmed plans to tapering, but extended timeline.
• The rallied above 1.8600 level, lift stops after finding resistance at 1.8666 (38.2%fib).
• GBP/AUD bears are likely to take charge and drive the pair towards 1.8600 and possibly key support near 1.8522(23.6%fib).
• Technical are bearish, daily RSI is negative at 42, daily momentum studies 11and 14 DMAs are trending down.
• Immediate resistance is located at 1.8671(38.2%fib ), any close above will push the pair towards 1.8783 (50%fib).
• Strong support is seen at 1.8629(5DMA) and break below could take the pair towards 1.8522(23.6%fib).
Recommendation: Good to sell around 1.8700, with stop loss of 1.8780 and target price of 1.8600


FxWirePro- Woodies pivot (Major)
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/ZAR retreats but trend is still bullish 



