UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro- Woodies Pivot(Major) 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD dips on UK GDP data miss 
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USDCHF recovered slightly as dollar gained momentum. Currently trading at 0.79718, it reached a low of 0.79332 at the time of writing. Watch out for 0.8070 for further upside.
Technical Analysis Points to Further Bearishness
The pair is trading below 55-EMA, the 200 EMA, and above 365 EMA on the 4-hour chart, indicating a mixed trend. The immediate resistance is at 0.8020; any break above targets 0.8070/0.8090/0.8135/0.8170/0.8215/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7980; any violation below will drag the pair to 0.7920/0.7900/0.7860/0.7800.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.8018-20 with SL around 0.7980 for a TP of 0.8135.
