- GBP/USD shown a minor recovery from the low of 1.28425 as U.K retail sales volume grew faster than expected during July. Retail sales m/m rose 0.3% compared to forecast of 0.2%.
- The pair jumped till 1.29090 yesterday and is currently trading around 1.28945. The US –UK 10 year bond yield spread narrowed down to 110 basis point. So slight jump in cable is possible.
- The intraday trend is still bullish as long as support 1.2845 holds. On the lower side, any break below 1.28425 will drag the pair down till 1.28110 (Jul 12th 2017 low)/1.27680.
- Overall minor bullishness can be seen only if the pair closes above 1.3000 level. Any break above 1.3030 will take the pair till 1.3075/1.3100.
It is good to buy on dips around 1.2890-1.2895 with SL around 1.28450 for the TP of 1.29980


GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
Bitcoin Stalls on Boxing Day: Flat at $87K Amid Bearish EMAs – But CCI Signals Buy Dips to $85K for $100K+ Targets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY bears maintain upper hand
FxWirePro: USD/ZAR edges higher but bearish outlook persists
Ethereum Stuck in Neutral: Range-Bound at $2.9K with Bearish EMAs – But Dip-Buyers Eye $2958 for $3600+ Breakout
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Woodies Pivot(Major)
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now”
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



