Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Woodies Pivot(Major) 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
- EUR/GBP pauses upside at 0.8626, near 3-year highs of 0.8652 (Aug 28th).
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-finds-major-resistance-at-08330-levels-break-above-to-target-084-227771) has achieved all targets.
- The pair has shown a decisive breakout above major resistance at 0.8330 on the weekly charts.
- Momentum studies are bullish, RSI, Stochs and MACD on the weekly charts support further upside in the pair.
- Rising expectations for Bank of England rate cut (by 25bp) at its August policy meeting adds to pressure on GBP. ECB Draghi's speech later toady will be closely followed for clues.
Recommendation: Book partial profits, raise stops to 0.8330, target 0.87/ 0.8770/ 0.88
