• GBP/AUD trades in narrow range on Monday as investors were cautious ahead of Britain's budget announcement this week.
• On Wednesday, Finance Minister Rachel Reeves will present her long-awaited budget, seeking to bolster investor confidence in the government’s fiscal prudence while maintaining its commitment to avoid raising taxes on working households.
• Rachel Reeves, the finance minister, is expected to introduce tax increases worth tens of billions of pounds for the second time since the 2024 election, aiming to keep borrowing on track, avert a bond market backlash, and boost welfare expenditure..
• To avoid breaching her election promise on income tax, she is expected to introduce rises in a variety of alternative taxes.
• Immediate resistance is located at 2.0392(Higher BB), any close above will push the pair towards 2.0529(50%fib).
• Immediate support is seen at 2.0172(38.2%fib) and break below could take the pair towards 2.0072(61.8%fib).
Recommendation: Good to buy 2.0220 with stop loss of 2.0160 and target price of 2.0380


FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Pair levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Woodies pivot (Major)
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand 



