FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop 
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption 
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00 
USDCHF Fades Post-Jobs Rally: Bears Eye 0.7500 – Sell the Bounce at 0.7730 
FxWirePro: GBP/USD retreats slightly but trend is still bullish 
FxWirePro: AUD/USD climbs to fresh three-year high amid hawkish RBA expectation 
FxWirePro: USD/ CNY outlook weaker on renewed downside pressure 
FxWirePro- Major European Indices 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: NZD/USD firms, setting up for next leg higher 
FxWirePro: GBP/NZD drops below 2.2600 level, heads deeper into bear territory 
FxWirePro: NZD/USD edges higher , scope for further upside 
FxWirePro: USD/ZAR downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD dips below lower range, bearish bias increases 
FxWirePro: USD/JPY slides below 154 level, scope for further downside 
• GBP/USD slipped sharply lower on Monday as dollar was underpinned by strong U.S. jobs data.
• The data on Friday showed that U.S. job growth unexpectedly surged in December, while the unemployment rate dropped to 4.1%, marking a strong end to the year for the labor market.
• Markets are now pricing in just 27 basis points worth of Fed rate cuts this year, down from roughly 50 bps at the start of the year.
• At GMT 09:44, Sterling was last down 0.70% on the dollar at 1.2112.
• Immediate resistance is located at 1.2314 (38.2%fib), any close above will push the pair towards 1.2365(Jan 9th high).
• Support is seen at 1.2209(38.2%fib) and break below could take the pair towards 1.2314(50%fib).
Recommendation: Good to sell around 1.2120 with stop loss of 1.2240 and target price of 1.2000
