GBP/USD strengthened on Friday as solid retail sales offset the impact of geopolitical risks.
• The pair recovered notably from the 1.3455 low, as upbeat UK retail sales data provided a bullish boost to sentiment.
• Even with today’s rebound, soft inflation expectations from the Bank of England could limit sterling’s upside as tensions in the Middle East cool..
• The Bank of England is set to meet on Thursday, with money markets pricing in a rate hike by year-end, though no change is expected at next week’s meeting.
• Immediate resistance is located at 1.3530(50%fib), any close above will push the pair towards 1.3596(April 17th high)
• Strong support is seen at 1.3455(Daily low) and break below could take the pair towards 1.3407(SMA20).
Recommendation: Good to buy around 1.3720, with stop loss of 1.3660 and target price of 1.3800


FxWirePro: GBP/AUD neutral in the near term, scope for further downside
FxWirePro: GBP/NZD dips after Fed rate decision
FxWirePro: EUR/NZD edges lower, but outlook remain bullish
FxWirePro: USD/CNY dips as Yuan firms on PBOC firmer fixing
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD edges lower after Fed 25Bp hike, focus shifts to Thursday BoE
FxWirePro: EUR/AUD edges higher but outlook is bearish
FxWirePro: USD/JPY trades in tight range ahead of event risks
FxWirePro: GBP/USD falls to six-week ,vulnerable to more downside
AUDJPY Pullback Presents Selling Opportunity Above 110.50
FxWirePro- Woodies Pivot (Major)
FxWirePro: AUD/USD softens slightly , all eyes on Fed
Major Pair Currency Score: USDCAD and USDCHF Show Extreme Bullishness, EURUSD, GBPUSD, AUDUSD, and NZDUSD Bearish
FxWirePro: NZD/USD gains on GDP beat,but downside trend holds
FxWirePro: USD/JPY dips as yen firms ahead of expected BoJ rate hike
NZDJPY Faces Resistance: Sell on Rallies as Downtrend Favors Bears 



