FTSE100 continues to trade to lower and lost more than 100 points from yesterday's high 7637. The decline was mainly due to sell-off in global markets on Coronavirus. US markets especially S&P500 lost more than 0.5% from an all-time high in 3037.
GBPUSD rises sharply after upbeat UK Jobs data. It came at 208000 in Nov and the unemployment rate at 3.8%.
Technically, near-term support is around 7551 (23.6% fib) and any indicative break beneath will drag the index down 7500/7470.
The significant resistance is around 7600, any indicative break up targets 7630/7685. Extreme bullish continuation only beyond 7730.
It is good to sell on rallies around 7610-20 with SL around 7685 for the TP of 7470.


AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



