- GBP/USD has declined almost 70 pips after Brexit revamp plan fails. German Chancellor Merkel has refused to accept Theresa May new Brexit plan. UK PM Theresa May will host the cabinet meeting at chequers today where agreement for the third post Brexit trading proposal ,dubbed the "facilitated customs arrangement", will be the main focus of the meeting. Markets eye US NFP data to be released today for further direction. US economy is expected to add 195k jobs for the month in Jun and wage growth seems rising at 2.8% y/y. BOE governor in speech h yesterday mentioned that UK economy is growing better and chance of rate hike in Aug is high.
- Technically near term resistance is around 1.3260 (20- day MA) and any convincing break above will take the pair till 1.3300. The pair should close well above 1.3300 on daily basis for further jump till 1.3400/1.3465.
- On the lower side, near term major support is around 1.320 (55- 4H EMA) and any break below will target 1.3150/1.3100/ 1.3045 (trend line support)/1.3000.
It is good to buy on dips around 1.3200 with SL around 1.3150 for the TP of 1.3300/1.3400.


FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Major Pair levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 



