Major European Indices 
FxWirePro: EUR/NZD gains some ground but outlook still bearish 
FxWirePro- Crude oil surges $4 as Middle East tension escalates, buy on dips 
FxWirePro: GBP/USD drops towards 1.3100 level as bearish pressure increases 
FxWirePro: GBP/AUD sinks to two and a half month low on BoE chief's dovish steer 
FxWirePro: USD/CAD consolidates around 1.3530, eyes 1.3600 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Major US Indices 
USDCHF trades flat ahead of US NFP data, good to buy above 0.8555- 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY extends gains, potential for bullish continuation 
FxWirePro- GBPJPY forms Bearish BAT Pattern, good to sell on rallies 
FxWirePro: AUD/USD set for a slump, shorts hold the advantage 
FxWirePro- EURJPY forms Bearish Gartley Pattern, good to sell on rallies 
FxWirePro- Major Pair levels and bias summary 
GBPJPY pared most of its gains after hitting a minor top 195.18. It hits a low of 191.73 at the time of writing and is currently trading around 192.30. Overall trend remains bearish as long as resistance 196 holds.
Pound sterling lost its shine after dovish comments from BOE Governor Bailey.
Technicals-
The pair is trading below short term 34,above 55 EMA (192.629 and 192.603) and long term 200 EMA (191.90) in the hourly chart.
The near-term resistance is around 192.60 ,a breach above targets 193.50/194.25/195/195.97. Major trend continuation only above 196. The immediate support is at 191.69 (61.8% fib), any violation below will drag the pair to 191.27/190/188/185.85
Indicator (Hourly chart)
CCI (50)- Bearish
ADX- neutral. All indicators confirm the mixed trend.
It is good to sell on rallies around 192.58-60 with SL around 193.50 for a TP of 190.20.
