Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major Crypto levels and bias summary 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD dips on UK GDP data miss 
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USDCHF trades above 0.8000 on board-based US dollar buying.. Currently trading at 0.80082, it reached a peak of 0.80188. Watch out for 0.8020 for further upside.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, the 200 EMA, and above the 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 0.7960; any violation below will drag the pair to 0.7920/0.7900/0.7860/0.7800.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.7990 with SL around 0.7960 for a TP of 0.8065.
