• GBP/USD retreated slightly on Thursday as invested assessed fiscal tightening announced in the budget on Wednesday will actually be implemented.
• A day after unveiling plans for an additional £26 billion ($34 billion) in tax increases on top of the £40 billion announced in her first budget last year Rachel Reeves faced scrutiny over her decision to lift restrictions on child benefits for low-income families with more than two children.
• Overnight budget assessments revealed that higher public expenditure will take effect rapidly, while most of the tax burden will be pushed into future years.
• The development also fueled skepticism about whether the ruling administration would stick to higher taxes as the next election approaches.
• Immediate resistance is located at 1.3277( Higher BB), any close above will push the pair towards 1.3318(50%fib)
• Strong support is seen at 1.3179(38.2%fib) and break below could take the pair towards 1.3136(SMA 20).
Recommendation: Good to buy around 1.3230, with stop loss of 1.3130 and target price of 1.3300


Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 



