• GBP/USD eased from 2 ½ year high on Wednesday as investors booked profits on recent rally.
• The pound eased by 0.30% to $1.3372 against dollar, ending a streak of five consecutive days of gains.
• The pound has rallied over 2% since the Fed's significant rate cut and the Bank of England's decision to hold rates last week.
• Technical signals are strongly bullish as RSI is at 70, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.3430( 23.6%fib), any close above will push the pair towards 1.3455 ( Higher BB)
• Strong support is seen at 1.3349(38.2% fib) and break below could take the pair towards 1.3284 (50% fib).
Recommendation: Good to buy around 1.3390 with stop loss of 1.2980 and target price of 1.3460


NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD neutral in the near term, scope for further upside
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike 



