Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
- USD/CAD struggles to gain on a stronger dollar and declining oil prices. The pair is consolidating in narrow range between 1.33085 and 1.31640 for the past one week. It is currently trading around 1.3215.
- Crude oil prices extended last week weakness and hits low of $44.01. It has closed at $44.31 lowest in 7 month.
- The near term support is around 1.31640 low formed on Jun 14th 2017 and break below confirms bearish continuation. Any break below minor bottom 1.31640 will drag the pair till 1.2968 level. Any close below confirms the top formed at 1.37935 and a decline till 1.2968 (Jan 31st 2017 low) likely.
- The pair has shown minor bearish cross over (21 EMA crossing below 55 EMA) and this confirms minor weakness.
- On the higher side, near major resistance is around 1.3330 (200- day MA) and any break above confirms minor bullishness and a jump till 1.3380/1.3480/1.3570 is likely.
It is good to sell on rallies around 1.3255-1.3260 with SL around 1.3330 for the TP of 1.3000/1.2968.
