GBPUSD hits 8- week high at 1.3215 at the time of writing after better than expected UK inflation. UK inflation hits six month high and it rose unexpectedly in Aug at 2.7% compared to forecast of 2.4%. Core inflation rose 2.1% y/y beating market estimate of 1.8% increase.
Brexit talks is continuing in Austria and EU has softens Northern Ireland border ‘bäckstop’ plan in bid to avoid no deal.
On the higher side, near term resistance is around 1.32150 and any violation above targets 1.3235/1.3300. Any break above 1.3300 will take the pair to next level till 1.3365/1.3400.
The near term support is around 1.3128 (20- 4H MA) and any break below targets 1.3070/1.3030/1.3000. Any violation below 1.2965 confirms bearish continuation.
It is good to buy on dips around 1.3130 with SL around 1.3070 for the TP of 1.3300.


Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: AUD/USD firms after upbeat consumer spending data 



