GBP/USD was rejected from daily highs above the 100-day SMA at 1.5479 on Monday and pulled back to trade around opening levels.
- Cable has been stuck between 1.5929 and 1.5107 since May 2015 (6 months), opened Tuesday 1.5416, traded range-bound between 1.5410-28 in Asia, currently at 1.5425
- Supports are seen at 1.5410 (hourly cloud top), 1.5404 (Nov 2 low) and 1.5370 (20- DMA)
- Resistances are lined up at 1.5436 (daily cloud top), 1.5479 (100 DMA) ahead of 1.55 (Trendline resistance)
- Focus on crucial UK construction PMI report due later in the session, and also US factory orders and IBD/TIPP Economic Optimism
- Market expectations are for UK construction sector activity to have slowed to 58.9 points in Oct versus 59.9 booked in Sept
- Any positive surprise could buoy Sterling bulls, pair could tests 1.55 zone, Techs are neutral
Resistance Levels:
R1: 1.5436 (daily cloud top)
R2: 1.5479 (100 DMA)
R3: 1.55 (Trendline resistance)
Support Levels:
S1: 1.5410 (hourly cloud top)
S2: 1.5404 (Nov 2 low)
S3: 1.5370 (20- DMA)


NZD/JPY Double Bottom Signals a Potential Push Toward 90 as 88 Support Holds
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD edges lower but outlook is still bullish
FxWirePro: EUR/AUD bearish momentum builds ,eyes 1.5900 level
FxWirePro- Major Pair levels and bias summary
JPY Major Currency Score: USD/JPY Bullish, Other Pairs Neutral
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: USD/JPY edges higher, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD grinds higher, but topside extension unlikely
FxWirePro: GBP/NZD positions for another climb, eyes 2.3700 level
FxWirePro: EUR/AUD gains some ground but outlook is bearish
FxWirePro: USD/ZAR holds above 16.600, maintains bullish bias
FxWirePro- Woodies Pivot
FxWirePro: USD/CAD climbs to 18-month peak after sharp Canadian employment decline
FxWirePro: NZD/USD rebounds modestly but outlook is still bearish 



