FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major European Indices 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
- Moderate risk-on in the markets in early Asian session, Nikkei gains accompanied by a recovery in the treasury yields and a rise in S&P futures.
- Offered tone around Yen gathered pace, USD/JPY edges higher from session lows at 101.55.
- Pair unable to sustain at highs by 102.20, slips lower, currently hovers around the 102 handle.
- Doji formation in the Asian session till now, narrow range on the day with a high of 102.20 and a low of 101.56.
- USD/JPY tags on to the lower Bollinger Band, techs are still inconclusive, pair trades with a neutral bias.
- Immediate support and resistance are seen at 101.40 (June 27th low) and 103 respectively.
- Uncertainty on the global economic outlook continues in wake of the Brexit decision, volatility unlikely to fade soon.
- BOJ Governor Kuroda crossed the wires this Asian morning, making a statement that, “Central banks are ready to take steps to assist proper financial markets functioning.”
Recommendation: We prefer to remain on the sideline for now.
