UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
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FxWirePro: NZD/USD downside pressure builds, key support level in focus 
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FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
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FxWirePro- Major European Indices 
- USD/TWD is currently trading around 30.10 marks.
- It made intraday high at 30.18 and low at 30.00 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 30.07 will drag the parity up towards key resistances around 30.23, 30.48, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan stocks open down 0.2 pct at 10,090.18 points.
- Taiwan will release revised GDP data at 0800 GMT.
We prefer to take short position in USD/TWD only below 30.00, stop loss at 30.23 and target of 29.90/29.72/29.50/29.28.
