Cable is going up as planned. AUD and NZD down

What a busy day today in terms of the macro data. Finally, a calendar is packed with important numbers and decisions. In this environment we do have few interesting occasions for the currency traders.

We start with the GBP/USD, which is going up as expected. Recent flat correction was a sign of a possible bullish breakout and that is exactly what happened today. We managed to set new mid-term highs and we are on a good way to start a new bullish wave. The closest supports are 1.284 and 1.2775.

We also do have an interesting setups on two currencies from antipodes versus USD. First pair AUD/USD broke an important support on the 0.741 and already used that overnight as a resistance. From the price action point of view, that is a sell signal.

Another one is the NZD/USD, which did not break the horizontal support but went through the long-term up trendline (pink) and the mid-term dynamic support connecting recent higher lows (black). Even despite the fact that we are above the 0.688- the sentiment is negative and the price should aim lower soon.