• GBP/USD rebounded on Tuesday as weak U.S. labor market data weighed on the greenback
• U.S. job openings fell more than expected in February and hiring dropped to the lowest level in nearly six years, government data showed on Tuesday.
•Job openings fell by 358,000 to 6.882 million at end-February, according to the Labor Department’s JOLTS report..
•Britain’s economy barely grew at the end of 2025, highlighting challenges to sustain growth as the Iran war is expected to lift inflation and weaken demand.
•Gross domestic product increased by 0.1% in the October-to-December period, the Office for National Statistics said.
• Immediate resistance is located at 1.3264( Daily high), any close above will push the pair towards 1.3337 (38.2% fib)
• Strong support is seen at 1.3157(23.6% fib) and break below could take the pair towards 1.3124 (Lower BB).
Recommendation: Good to sell around 1.3250, with stop loss of 1.3300 and target price of 1.3100
