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• GBP/USD eased slightly on Tuesday as investors digested Bank of England policymaker's remarks on U.S. tariffs.
• BoE's Megan Greene said UK inflation may fall due to Trump’s tariffs, as Britain’s choice not to impose reciprocal tariffs could attract cheaper goods from Asia and Europe.
• Her comments come as global policymakers balance inflation worries with economic growth prospects.
•. The BoE's next monetary policy meeting is on May 8. Financial markets on Tuesday priced in a 100% chance of a rate cut.
• Immediate resistance is located at 1.3437(23.6%fib), any close above will push the pair towards 1.3531(Higher BB)
• Strong support is seen at 1.3275(38.2%fib) and break below could take the pair towards 1.3132(50-%fib).
Recommendation: Good to buy around 1.3350, with stop loss of 1.3250 and target price of 1.3450
