- Cable has shown a minor jump till 1.33799 from the low of 1.33305 on better than expected UK CPI data.UK inflation rose to 3.1% compared to forecast of 3.0% highest level in six years. The inflation is higher than average weekly wages which is at 2.2%. The pair declined slightly after a sudden spike and is currently trading around 1.33540.
- Market await UK jobs data which is to be released tomorrow and BOE monetary policy meeting for further direction.
- On the lower side, near term support is around 1.3300 and any break below will drag the pair to next level till 1.3225/1.3175. Short term bullish invalidation only below 1.30280.
- The near term resistance is around 1.3550 and any break above will take the pair to next level till 1.3600/1.3680. The minor resistance is around 1.3380/1.3435.
It is good to buy on dips around 1.3300 with SL around 1.32300 for the TP of 1.3545/1.3600.


FxWirePro- Woodies Pivot(Major)
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/CAD pauses decline,critical support lies ahead
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro- Major European Indices
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



