- Cable is trading higher and breaks major resistance at 1.3550 level in the European session. The pair declined mildly after slightly weaker than expected UK manufacturing PMI data. The rise in pound sterling was mainly due to weakness in US dollar index. The pair hits high of 1.35663 and is currently trading around 1.35616.
- UK manufacturing PMI came at 56.3 for the month of Dec compared to forecast of 57.90.The manufacturing output, new orders and employment increased sharply but decline was mainly due to input cost and price inflation.
- On the lower side, near term support is around 1.3490 (10- 4H MA) and any break below will drag the pair to next level till 1.3445 (4H Kijun-Sen)/1.3360 (200- 4H EMA)/1.3300. Short term bullish invalidation only below 1.30280.
- The near term resistance is around 1.3550 and any break above will take the pair to next level till 1.3600/1.3655. Bullish continuation only above 1.3550.
It is good to buy on dips around 1.3500 with SL around 1.3435 for the TP of 1.3650.


ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro- Major Pair levels and bias summary
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
EURUSD Bearish Tilt: Sell Rallies Near 1.1730 as Safe-Haven Demand Keeps 1.16 in Sight
ETHUSD Eyes 2770+ Breakout as Dip-Buy Zone Forms Around 2300 Amid Tensions
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
BTCUSD Flat Ahead of Peace Talks: Dip-Buy Near 75k Opens Path to 80k–90k Targets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 



