FxWirePro: GBP/USD rise above 1.5413 on BoE short lived, pair back below 1.54
Thursday, September 10, 2015 12:34 PM UTC
- Cable extended upbeat momentum after BoE remains on the sidelines once again at today's meet as widely expected
- Minutes revealed an 8-1 voting pattern in favour of keeping the current monetary stance
- Minutes also showed the policymakers see considerable uncertainty over the impact of the strong GBP on inflation
- GBP/USD hit session tops near 1.5450 after the vote, but subsequently pared gains taking the pair back below 1.54 levels
- Markets now appear to be focusing on BOE's concerns regarding Sterling strength
- GBP/USD currently trading at 1.5397, with immediate resistance at 1.54 and further at 1.5413 (38.2% of last two week's fall), supports are at 1.5350 (200-DMA) and 1.53 levels.
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Major US Indices 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
FxWirePro- Major European Indices 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
FxWirePro- Woodies Pivot(Major) 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
