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FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
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FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
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FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
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- Harmonic pattern formed – Bearish Gartley pattern.
- Potential Reversal Zone (PRZ) - $1361.
- Gold has shown a good jump in previous week almost more than $40 on account of increasing safe haven demand due to trade war issues between US and China. The yellow metal hits high of $1350.73 and shown a minor profit booking .It is currently trading around $1343.85.
- The yellow metal has formed bearish gartley pattern and any bullish continuation only above $1361. On the higher side, near term resistance is around $1355 (88.6% fib) and any break above will take the yellow metal to next level till $1361/$1366. Overall bullish continuation only above $1366.
- On the lower side, near term support is around $1343 and any break below will drag the yellow metal down till $1338/$1334.
It is good to sell on rallies around $1347-$1348 with SL around $1354 for the TP of $1331.
