- GBP/USD declined after hitting high of 1.36556 on hawkish US Fed statement. The pair dipped till 1.34525 and is currently trading around 1.35045.
- Fed has kept its interest rate unchanged and finally made formal announcement that it will start to taper QE by Oct. Fed futures are pricing in 73.4% chance of a Dec hike compared to 48.6% a week ago.
- On the higher side, near term resistance is around 1.36500 and any break above will take the pair till 1.3700/1.3750.
- The near term support is around 1.3450 and any break below will drag the pair down till 1.3400/1.3300. The minor weakness only below 1.3150.
It is good to buy on dips around 1.3500 with SL around 1.34500 for the TP of 1.3630/1.3650.


Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: USD/ZAR gains some ground, but downtrend remains
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout 



