Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
EUR/USD has once again taken support near 1.1300 level and shown a minor recovery on US-China trade deal hopes and easing Italy budget deficit problem. The spread between Italy and German yield declined to 20 basis point from 330 on account progress in Italy and European Commission. Markets eye ECB monetary policy meeting to be held today for further direction. ECB is expected to quit the QE program by this year end and also to publish new growth and inflation forecasts. Any hawkish policy by Draghi will make the Euro to trade higher and will reach 1.1500 level. It is currently trading around 1.13790.
On the higher side, near term resistance is around 1.1400 level and any violation above targets 1.1400/1.1450. The pair should break above 1.1500 for further direction.
The near term support is around 1.1300 and any break below targets 1.12600/1.12180. Any violation below 1.1200 confirms bearish continuation.
It is good to buy on dips around 1.1320-25 with SL around 1.1270 for the TP of 1.1500.
