FxWirePro- Woodies pivot (Major) 
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD drifts lower as markets await US inflation data 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report 
FxWirePro: USD/CAD hits two-month low as oil prices rise 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
FxWirePro: GBP/AUD risks tilt further to the downside 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish 
FxWirePro : USD/JPY holds near 160 as yen remains under pressure 
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision 
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst 
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data 
GBP/USD recovered some ground today in the early European session after shedding more than 100pips on hawkish FOMC meeting yesterday. The cable is currently trading with oversold condition and a short squeeze towards immediate resistance can be expected. The currency pair is trading below downward trend line in daily chart and pivot point located at 1.5285, therefore it's good to sell this pair on rallies.
- To the upside, the strong resistance can be seen at 1.5351, a break above this level would expose the cable to next resistance level at 1.5400.
- To the downside immediate support can be seen at 1.5248, a break below at this level will open the door towards next level at 1.5203.
Recommendation: Go short below 1.5280, targets 1.5220, 1.5170, SL 1.5350
Resistance Levels
R1: 1.5305 (50% Retracement level)
R2: 1.5351 (61.8% Retracement level)
R3: 1.5382 (Oct 26th high)
Support Levels
S1: 1.5248 (38.2% Retracement level)
S2: 1.5203 (23.6% Retracement level)
S3: 1.5160 (Sep 4th lows)
