- GBP/USD has formed falling wedge pattern in four hour chart and the pair recovered slightly after showing a minor dip below cloud bottom. It is currently trading around 1.34100.
- The near term psychological support is around 1.3313 (21- day EMA) and any break below will drag the pair down till 1.3260/1.3200. Any break below 1.3400 will confirm minor bearishness.
- Market awaits BOE Governor Carney speech tomorrow for further direction.
- The pair on the higher side is facing major resistance around 1.3450 (55- 4H EMA) and any break above will take the pair to next level to 1.3500/1.3545 (61.8% fibo).
It is good to buy on dips around 1.3400-1.3405 with SL around 1.3350 for the TP of 1.3545.


FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
FxWirePro: EUR/ NZD under pressure after early buying dries up
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst 



