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FxWirePro: GBP/USD drops towards 1.35 after BoE rate decision

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURUSD and AUDUSD) for the day)

Thursday, May 18, 2023 9:34 AM UTC

Pair	Value	Recommendation
EURUSD	-410.13	Strong Sell
EURJPY	-334.88	Strong Sell

EURUSD

Major resistance- 1.0850

Near-term support- 1.0800

Trend reversal level- 1.0760

EURJPY

Major resistance- 149.25

Near-term support- 148.40

Trend reversal level- 152

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

Above 300: Strong Buy

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURUSD and AUDUSD) for the day)

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