• 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:NZD/USD jumps as RBNZ warns of higher OCR potential
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/NZD reverses course, bias back to downside
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Major Pair levels and bias summary
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 



