Bollywood Actress Meghna Naidu Hot Girl

Forex Tips :-
GBP/USD. The rewards of austerity

Cable (1.5192) is up overnight, building on its inexorable uptrend since May when the push for fiscal consolidation picked up momentum.

Technicals:

*

Trend: Daily lower; Weekly higher.
*

Overbought/Oversold (stochastics): Daily overbought; Weekly oversold.
*

Support/Resistance Levels: Resistance lies at 1.5229 (Jul2 high), 1.5524 (Apr15 high), 1.5816 (Feb17 high), 1.6284 (Jan22 high), 1.6458 (Jan19 high), 1.6479 (61.8% retracement of Nov to Dec decline), 1.6722 (Dec 3 high), 1.6878 (Nov16 high) and 1.7043 (Aug high). Support lies at 1.4347 (Jun8 low), 1.4239 (May19 low) and 1.3503 (Jan’09 low).

Positioning:

*

The CFTC, GBP, non-commercial, net-position moderated to -34K, continuing its rise from a record low in May as spot rebounds.
*

The risk reversal (3m, 25delta) is up overnight with the move higher in spot, but it remains skewed for GBP losses.
*

Implied Vol (3mo) is down overnight, and it has fallen to a low since April.

Cross-asset valuation: The significant correlates over the past two months for GBP/USD have been the DXY (negative), EUR/USD (positive), S&P500 (positive) and crude oil (positive).