• GBP/USD edhed lower on Wednesday as investors awaited the upcoming Federal Reserve's and BoE policy decisions .
• Investors shifted their focus to monetary policy this week, temporarily setting aside concerns over trade disputes and political developments.
•The Fed's Wednesday decision will be key for investors seeking insight into its view on Trump’s policies, their economic impact, and the rate outlook
• The Bank of England is expected to hold rates steady on Thursday, maintaining its cautious approach amid Trump's trade war impact and mixed UK economic data.
• At GMT 09:04, the pair was trading down 0.24% at 1.2969.
• Immediate resistance is located at 1.3005( 23.6%fib), any close above will push the pair towards 1.3095(Higher BB)
• Strong support is seen at 1.2912(March 17th low) and break below could take the pair towards 1.2869(38.2%fib).
Recommendation: Good to buy around 1.2960, with stop loss of 1.2850 and target price of 1.3100
