• GBP/AUD rebounded after initially falling on Friday as the impact of weak UK economic data on the British currency was tempered by worse numbers coming out of the U.S.
• In an up-and-down session, the pair hit low at 1.7219 in early trading then gained towards 1.7326 after US manufacturing data.
• GBP/AUD remains vulnerable, only a break and daily close above 1.7593 (50% fib) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 37, daily momentum studies 5 ,9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.7350 (Daily high ), any close above will push the pair towards 1.7383(5DMA).
• Strong support is seen at 1.7219 (23.6%fib) and break below could take the pair towards 1.7173(April 5th low).
Recommendation: Good to sell around 1.7360, with stop loss of 1.7480 and target price of 1.7220


FxWirePro- Woodies pivot (Major)
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
Major Pair Action Bias: Bullish Pairs to Watch Out For
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 



