- GBP/USD recovered sharply from the yesterday low of 1.34686 on better than expected UK retail sales. The pair jumped till 1.36074 and is currently trading around 1.35570.
- UK retail sales surged unexpectedly in Aug. Retail sales volume grew at 1.0% month-on –month compared to 0.1% expected and jumped to 2.4% Y-O-Y compared to forecast of 1.1% rise. The surge in UK retail sales likely to boost BOE rate hike bets.
- On the higher side, near term resistance is around 1.36320 and any break above will take the pair till 1.3700/1.3750.
- The near term support is around 1.3500 and any break below will drag the pair down till 1.3450/1.3400. The minor weakness only below 1.3150.
It is good to buy on dips around 1.3500 with SL around 1.34500 for the TP of 1.3615/1.3630.


AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: AUD/USD eases as investors await U.S. employment figures
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: GBP/AUD eases slightly, focus on near-term support 



