FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro- Major European Indices 
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FxWirePro- Major Crypto levels and bias summary 
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FxWirePro: GBP/USD stuck in range but maintains bearish bias 
USDCHF continues to rise in the past two trading session especially after ECB policy meeting. The dovish tone by the European Central Bank is having a more negative impact on Swiss Franc. It has kept its interest rates unchanged and hinted at the stimulus package next meeting. The pair hits 2-week high at 0.99202 and is currently trading around 0.99156.
Markets eye US advance GDP q/q for further direction. US GDP is expected to slow down a bit on account of a trade war (1.8% compared to the previous 3.1%).
The near term resistance is around 0.9920 and any violation above will take the pair to next level till 0.99515 (Jul 9th high)/1.00150. Minor trend reversal only above 1.00150.
On the flip side, near term support is around 0.9860 and any convincing break below targets 0.9800/0.9755.
It is good to buy on dips around 0.9900 with SL around 0.9860 for the TP of 1.000.
