- Major resistance – 1.4668 (Feb 4th high 2016)
- Major support – 1.4450 (resistance turned into support)
- Cable has broken minor support 1.4500 and declined till 1.4470 yesterday. Cable took support near 7 day EMA and started to jump from that level.
- It is currently trading at 1.46045.
- Short term trend is bullish as long as support 1.4450 holds. On the higher side major resistance is around 1.46680 and break above targets 1.47000/1.4755/1.4800 levels.
- On the lower side major support is around 1.4450 and break below targets 1.4400/1.4345 level.
It is good to buy at dips around 1.4535 with SL around 1.4450 for the TP of 1.4668/1.4755.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major) 



