• GBP/AUD gained ground on Monday as gradual easing of coronavirus lockdown in UK supported some buying interest.
• The rallied above 1.8200 psychological level,lift stops after finding resistance at 1.8212 (23.6%fib) .
• GBP/AUD remains bullish, only a break and daily close above 38.6% fib at 1.8111 will shift bias to the downside.
• Techicals lean bullish, daily RSI is trending higher 61, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.8212(23.6%fib), any close above will push the pair towards 1.8262 (April 1st high).
• Strong support is seen at 1.8135 (5DMA) and break below could take the pair towards 1.8116 (38.2%fib).
Recommendation: Good to buy around 1.8170 with stop loss of 1.8090 and target price of 1.8250


Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies pivot (Major)
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR retreats but trend is still bullish
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Major Crypto levels and bias summary 



