• GBP/USD recovered from early decline on Wednesday after Britain's new finance minister unveils first budget.
• Britain's new finance minister Rachel Reeves announced the biggest tax increases in three decades in her first budget.
• Reeves said she would raise taxes by 40 billion pounds a year much of it falling on businesses - to cover a 22 billion-pound shortfall inherited by her Labour Party.
• At GMT 15:50 the pair was trading up 0.02% at 1.3018 recovering from daily low.
• Immediate resistance is located at 1.3154( 38.2%fib), any close above will push the pair towards 1.3231(Sep 6h high)
• Strong support is seen at 1.3022(50%fib) and break below could take the pair towards 1.3000(Psychological level).
Recommendation: Good to buy around 1.3000 , with stop loss of 1.2920 and target price of 1.3100


FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD neutral in the near term, scope for further upside
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 



