- Cable lost almost more than 100 pips in the European session on weaker than expected UK Manufacturing PMI data. The pair breaks yesterday low of 1.37126 and hit intraday low of 1.36720. HIS Markit UK manufacturing PMI came at 53.9 compared to forecast of 55.80. The continuous weak UK economic data and Brexit uncertainty will postpone rate hike by BOE. Market eyes US ISM manufacturing index for further direction.
- In daily chart, the pair is trading below 1.3708 (weekly Kijun-Sen) and a dip till 1.36500/1.3600 (trend line support).
- On the higher side, nearby resistance is around 1.3800 and any break above targets 1.38650/ 1.3925/1.3960/1.4000. Any break above 1.4000 confirm minor bearish invalidation and a jump till 1.4100 is possible.
It is good to sell on rallies around 1.3725-30 with SL around 1.37730 for the TP of 1.3600
Resistance
R1- 1.36500
R2 –1.3600
R3- 1.3565
Support
S1- 1.3720
S2-1.3765
S3- 1.3800


FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 



