FxWirePro: GBP/NZD extends drop, 23.6% fib support 
FxWirePro- Crude Oil Daily Outlook 
FxWirePro: GBP/AUD falls below 1.9000 level, bears keep the advantage 
FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside 
FxWirePro:EUR/AUD gains some upside momentum but still bearish 
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FxWirePro:EUR/NZD drifts lower , could be on verge of a bigger drop 
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FxWirePro:GBP/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD drops to one week low with plenty more downside potential 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Silver Daily Outlook 
FxWirePro: GBP/AUD edges higher but outlook still bearish 
FxWirePro- Major Pair levels and bias summary 
- GBP strengthens ahead of inflation data. Shorts squeezed amid growing support for anti-Brexit camp and strengthening oil prices.
- Focus remains on the much-awaited UK inflation report, which is due to be published at 8.30GMT. Expectations are as follows:
- UK consumer prices are expected to have risen 0.5% in April from a year earlier, the fastest pace in 15 months and the same pace as in March.
- While core figures, excluding volatile food and fuel costs, should book 1.4% after the 1.5% rate in March.
- A weaker-than-expected headline and core CPI print could trigger a fresh sell-off in GBP.
- On the other hand, a better-than-expected data could see continuation of ongoing bullish momentum around the GBP.
- On the Technical side, EUR/GBP has broken major support at 0.7830, and trades with a strong downside bias.
- Price action has dipped below the cloud and 5&10 DMAs have turned lower. Stoch, RSI and MACD support downside.
Recommendation: Sell EUR/GBP on break below 0.78 handle, SL: 0.7850, TP: 0.7760/0.7735
