- Cable declined sharply after hitting a high of 1.28144 yesterday. Pound tumbled in the European session after BOE Governor Carney ruled out rate hike in the Mansion house speech. The pair declined till 1.26680 and is currently trading around 1.2650
. - On the lower side the pair’s major support is around 1.2614 and any break below will drag the pair till , a decline till 1.2585/ (200- day MA)/1.2470 (61.8% retracement of 1.21088 and 1.30470) likely. The minor support is around 1.2780/1.2690.
- The near term minor resistance is around 1.2760 (200- HMA) and any break above will take the pair till 1.2793 (38.2% retracement of 1.30475 and 1.2635)/1..2820. The pair should break above 1.3050 for further bullish continuation.
It is good to sell on rallies around 1.2705-1.2710 with SL around 1.2760 for the TP of 1.26150/1.2580.
Resistance
R1-1.2760
R2 -1.2820
R3- 1.2885
Support
S1-1.2614
S2-1.2585
S3-1.2500


AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 



