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FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 
- USD/TRY is currently trading at 2.9650 levels.
- It made intraday high at 2.9700 and low at 2.9621 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 2.9977 marks.
- A sustained close below 2.9601 will drag the parity down towards key supports around 2.9189, 2.9015 and 2.8847 thereafter.
- On the other side, key resistance levels are seen at 2.9867, 2.9977, 3.0085, 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3.1048 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position in USD/TRY only below 2.9601, stop loss 2.9725 and target 2.9548/2.9189.
