• GBP/AUD held firm on Wednesday as traders awaited further developments in the Middle East crisis.
• The U.S. military carried out strikes on Iran on President Donald Trump’s orders after an American helicopter was shot down in the Strait of Hormuz..
• , Iran’s foreign minister warned Washington to exit the region or face repercussions, saying no attack would go unanswered.
• FX markets remained steady despite the latest escalation, with focus on potential peace prospects.
• Looking ahead,attention is on Friday’s UK GDP release, with additional drivers for sterling due in the coming week..
• Immediate resistance is located at 1.9117((50%fib), any close above will push the pair towards 1.9148(Higher BB).
• Strong support is seen at 1.9016(Daily low) and break below could take the pair towards 1.8981(61.8%fib).
Recommendation: Good to buy around 1.9090, with stop loss of 1.9000, and target price of 1.9150


FxWirePro- Major Pair levels and bias summary
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FxWirePro:EUR/NZD extends fall, key support lies ahead
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AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges lower , bearish outlook persists
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 



