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FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level 
FxWirePro- Major European Indices 
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FxWirePro: GBP/NZD continues to recovers , upside pressure builds 
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FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
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FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge 
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FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts 
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains 
FxWirePro:NZD/USD edges lower, bearish outlook persists 
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• GBP/USD hit two-month high on Friday after data showed UK consumer spending surged more than expected in January.
• British retail sales rose by 1.7% in January, figures from the Office for National Statistics showed on Friday
• The sales volume increase surpassed all estimates of economists, who had projected a median rise of 0.3%.
• At GMT 08:09, pound was last trading up 0.02% to $1.2669 against dollar.
• Immediate resistance is located at 1.2688(38.2%fib), any close above will push the pair towards 1.2739(Higher BB).
• Support is seen at 1.2578(50%fib) and break below could take the pair towards 1.2475(61.8%fib).
Recommendation: Good to buy around 1.2660 with stop loss of 1.2600 and target price of 1.2730
