GBPUSD has recovered sharply more than 150 pips after release of UK jobs data. UK claimant rose by 20.8k in Dec and wage growth rose 3.4% highest in decade. Unemployment came at 4.0% compared to forecast of 4.1%. The pair hits high of 1.29277 and is currently trading around 1.29162.
UK PM proposed Plan B of Brexit which is almost similar to Plan A and she has excluded a second referendum and revocation of article 50.The new plan was to be passed in House of Commons on Jan 29th 2019.
On the higher side near term resistance is around 1.2930 and any break above targets 1.2965/1.3000. Any further bullishness only above 1.3000.
The near term resistance is around 1.2860 and any violation below targets 1.2800/1.2760.Major weakness only below 1.2660.
It is good to sell on rallies around 1.2960-65 with SL around 1.3000 for the TP of 1.2760.


Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher, set to stay on back foot
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 



