NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
- Cable lost almost more than 180 pips in the previous week and continuing its weakness in this week after breaking low of 1.37473 (Apr 27th low). The pair declined almost more than 40 pips and hits intraday low of 1.37126 and is currently trading around 1.37231. The main reason was weak UK GDP data released on Friday. The continuous weak UK economic data and Brexit uncertainty will postpone rate hike by BOE.
- In daily chart, the pair is trading near long term support at 1.3710 and any close below confirms further weakness, a dip till 1.36500.
- On the higher side, nearby resistance is around 1.3800 and any break above targets 1.38650/ 1.3925/1.3960/1.4000. Any break above 1.4000 confirm minor bearish invalidation and a jump till 1.4100 is possible.
It is good to buy on dips around 1.3725-30 with SL around 1.3700 for the TP of 1.3865/1.3900.
