GBPUSD has shown minor recovery of nearly 40 pips after BOE monetary policy.BOE has kept its rates unchanged at 0.75%. The central bank has downgraded its 2019 economic outlook to 1.2% and also mentioned that Brexit could affect their policy decision. Latest Brexit news shows that EU27 likely to insist on 22 May as extension date compared to Jun 30th the date proposed by May for extension.UK retail sales data released earlier came at slightly better than expected. GBPUSD hits intraday low of
On the higher side near term resistance is around 1.3175 (23.6% fib) and any violation above will take the pair to next level till 1.3220/1.3260/1.3320. it should break convincingly above 1.3380 for further upside.
The near term support is around 1.3100 and any break below will drag the pair till 1.3058/1.3000. Any violation below 1.29600 confirms bearish continuation.
It is good to sell on rallies around 1.3245-50 with SL around 1.3320 for the TP of 1.3000.


FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



