• GBP/AUD initially gained on Wednesday but rally fizzled as markets awaited the conclusion of a Fed meeting.
• GBP/AUD hits daily high at 1.6647 but reverses course to trade at 1.6574 in afternoon US session.
• GBP/AUD remains bearish only a break and daily close above 1.8101 will shift bias to the downside.
• Technical lean bearish, RSI is at 48, momentum studies, 5, 10 DMAs are trending southwards.
• Immediate resistance is located at 1.8013 ( 38.2%fib), any close above will push the pair towards 1.8101 (Higher BB).
• Support is seen at 1.7901(30 DMA) and break below could take the pair towards 1.7832 (50%fib).
Recommendation: Good to sell around 1.7930, with stop loss of 1.8040 and target price of 1.7870.


FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 



