Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro- Woodies pivot (Major) 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
- RES 4: 1.6080
- RES3: 1.6025 (100% projection of 1.4564 to 1.54997 from 1.50880)
- RES2: 1.5815 (161.8% retracement of 1.5746 and
- RES1: 1.5750 (161.8% retracement of 1.5497 and 1.50880)
PRICE: 1.57516 @ 05:46 GMT
- SUP1:1.5703 (34 day H EMA)
- SUP2: 1.5670 (23.6% retracement of 1.5768 and 1.5358)
- SUP3: 1.5630 (May 13th low)
- SUP 4: 1.5590 (23.6% retracement of 1.5088 and 1.5746)
GBP/USD has made high of 1.5746 and retreated till 1.5635 after BOE has revised down growth forecasts in its quarterly inflation reports. Short term trend is bullish as long support 1.5630 holds.
Technically GBP/USD major resistance around 1.5768 and any break will target 1.5815/1.6020 in short term.
Intraday minor support is 1.5670 and any weakness only below that level.
It is good to buy at dips around 1.5730 for the target of 1.5815/1.6000 with stop around 1.5670.
