Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/USD dips on UK GDP data miss 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
• USD/ZAR rose on Wednesday as the U.S. dollar advanced following stronger-than-expected U.S. GDP data
• U.S. economic growth rebounded in the second quarter, beating expectations, with GDP rising at a 3.0% annualized rate, according to the Commerce Department’s Bureau of Economic Analysis.
•Separate data showed private payrolls ADP rose by 104,000 in July, surpassing forecasts of 75,000, ahead of Friday’s closely watched nonfarm payrolls report.
• Following the data, traders scaled back expectations for a September Fed rate cut, with the probability slipping to 57% from 64%, according to CME’s FedWatch tool.
• At GMT 15:11 ,the dollar was up 0.50 % at 17.954 against South African rand.
• Immediate resistance is located at 18.000 (Psychological level), any close above will push the pair towards 18.133(50%fib).
• Strong support is seen at 17.837 (38.2%fib) and break below could take the pair towards 17.744(SMA20)
Recommendation: Good to buy around 17.900 with stop loss of 17.400 and target price of 18.300
