FTSE100 halted its 1-week of loosing streak and shown a jump of more than 60 points from low of 7331.BOE has kept its rates unchanged and mentioned that “Overall GDP growth appears bang in line with forecasts”. But Brexit uncertainty is putting pressure on GBP.Polls took place for 248 English councils,six mayors and 11 councils in North Ireland. Both Labor and Conservative party lost heavily in local elections held across UK on Thursday. UK Services PMI came at 50.4 in line with forecast of 50.40.It hits intraday high of 7399 and is currently trading around 7399.
On the lower side, near term major support is around 7325 (23.6% fib) and any break below will drag the index down till 7296 (55- day EMA)/7235/7205 (200- day MA).
The near term resistance is around 7410 and any trade above that level will take the pair to higher level till 7457 (10- day MA)/7490. It should break above 7530 for further bullishness.
It is good to buy on dips around 7345-50 with SL around 7300 for the TP of 7530.


FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro- Major Crypto levels and bias summary
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/ USD strongly bearish despite upside attempts
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 



