- GBP/USD fails to break support at 1.5704 and is bouncing above to reach the resistancelevel at 1.5755.
- Forex market is very volatile, As negotiations between Greece crisis and its creditors dragging on further, speculations about the outcome of Greece deal is keeping the market on the boil.
- Market condition is expected to be volatile in the coming days so traders should trade this pair with caution.
- Major resistance is seen at 1.5755, a break above at this level will open the door to 1.5818 level. To the downside, immediate support can be seen at 1.5704.
- Recommendation: Go long above 1.5710, targets 1.5750, 1.5810, 1.5621
Resistance Levels
R1: 1.5755(38.2% Retracement level)
R2: 1.5818(23.6% Retracement level)
R3: 1.5877
Support Levels
S1: 1.5704
S2: 1.5653(61.8% Retracement level)
S3: 1.5625


Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: AUD/USD remains buoyant, looks to extend gains
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD bears maintain upper hand
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro:EUR/NZD extends fall, key support lies ahead 



