FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major Pair levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
- GBPUSD is continuing its weakness for the 4th week and pair declined almost 900 pips from the high of 1.43767 level. The pair hits low of 1.34600 in previous week and shown a minor recovery from that level. The main reason for drastic selling is weak economic data and more hawkish statement by BOE.
- UK jobs report data released today was mixed with jobless claims jumped by 31.2k in Apr and unemployment rate stays unchanged for Apr at 4.2% lowest since 1975 and wage growth is rising which is slightly positive for GBP.
- The pair hits intraday low of 1.35238 and slightly recovered. Short term trend is still weak as long as resistance 1.3620 holds. Any break above 1.3620 will take the pair till 1.3680/1.3760.
- The major support is around 1.34600 and any break below will drag the pair down till 1.3400/1.3350.
It is good to sell on rallies around 1.3595-60 with SL around 1.3640 for the TP of 1.3460/1.3400.
