- Cable hits 1- ½ month high at 1.3369 after dovish Fed minutes meeting. The Fed minutes meeting shows that economy is growing strong and is operating above full employment. But decline in inflation is cause of concern and any ongoing tightening will push the inflation further down. This reduce the chance of more than three hikes in 2018.
- UK GDP revised GDP at 0.4% compared to forecast of 0.4%. UK economy growth was steady supported by increase in household spending fastest pace in 12 months. But business investment slow as result of Brexit and construction fell for the second quarter.
- The pair is consolidating after breaking 1.3300 level. Any break above 1.3380 will take the pair to next level till 1.3400/1.3500. Short term bullish invalidation only below 1.30280.
- On the lower side, near term support is around 1.32300 and any break below will drag the pair to next level till 1.3175/1.3130/1.3100/1.3060/1.30270.
It is good to buy on dips around 1.3230 with SL around 1.3170 for the TP of 1.3300/1.3380.


FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/CAD eases slightly but trend is still bullish
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 



