- GBP/AUD has broken major support 2.0720 and declined till 2.0699. Overall trend is weak as long as resistance 2.0120.
- RBA kept its cash rate unchanged at 2% and left the door open for further rate cut in 2016.
- UK Manufacturing PMI declined to 52.7 compared to forecast of 53.7 which is slightly negative for GBP.
- Any break below 2.0700 will drag the pair further down till 2.0500/2
- Short term trend reversal can happen only above 2.120. Any break above 2.120 will take the pair till 2.150/2.175.
- Overall trend reversal only above 2.1750.
It is good to sell on rallies around 2.075-80 with SL around 2.120 for the TP of 2.050/2.


FxWirePro: USD/JPY up trend gains momentum but hurdles ahead
FxWirePro: GBP/USD slide extends as UK political tumult intensifies
FxWirePro: NZD/USD edges higher but bulls lack punch
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting
FxWirePro: AUD/USD softens slightly as market focus on U.S.-China meeting
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro:USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds firm but remains capped below 158.00
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/NZD edges higher but bias is bearish
FxWirePro- Woodies pivot (Major) 



