Cable falls below major support 1.5150 after BOE monetary policy meeting and declined till 1.51338 at the time of writing.
- BOE has kept the interest rates unchanged at 0.5% in line with expectations. According to minutes, the majority of policymakers marked fall in oil prices and subdued wage growth will keep the headline inflation below 1% in H1 of 2016. So this confirms BOE not going to hike rates no sooner than expected
- Technically the pair has broken major support 1.5150 a decline till 1.5100/1.5050 is possible term trend is bearish as long as resistance 1.5220 holds.
- Any break above 1.5220 will take the pair to next level 1.5250/1.5280 level.
It is good to sell on rallies around 1.5160 with SL around 1.5220 for the TP of 1.5050/1.5000


FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: GBP/USD hits 5-week,scope for further upside
FxWirePro- Woodies Pivot(Major)
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro- Major US Indices
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Major European Indices
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/CAD extends drop, faces 50%fib support
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 



