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• GBP/USD edged higher on Tuesday as investors cautiously awaited details of U.S. President Donald Trump's reciprocal tariffs
• Investors are hopeful that a deal between Britain and the U.S. will help mitigate the potential negative economic impact of the U.S. tariffs President Donald Trump is set to announce on April 2.
• British Prime Minister Keir Starmer said discussions with the U.S. on a trade agreement to help Britain avoid Trump's import tariffs were progressing well. .
•Britain is feeling the effects of Trump’s tariffs on steel and aluminum, which took effect this month, along with upcoming tariffs on auto imports to the U.S. set to begin on April 3.
• Immediate resistance is located at 1.3010(23.6%fib), any close above will push the pair towards 1.3025(Higher BB)
• Strong support is seen at 1.2873 (38.2%fib) and break below could take the pair towards 1.2837(Lower BB).
Recommendation: Good to buy around 1.2910, with stop loss of 1.2850 and target price of 1.3000
