FxWirePro: GBP/USD uptrend looks tired, but continues to hold

• GBP/USD edged higher on Thursday as the U.S. dollar weakened following the release of   FOMC meeting minutes.

• On the tariff front, Trump ramped up his campaign Wednesday with 50% duties on copper imports and Brazilian goods, effective August 1.

•Trump also issued tariff notices to seven more minor trade partners, bringing the total to 21, all set to take effect on August 1 unless deals are struck...

• Despite escalating trade rhetoric, broader markets held firm, showing resilience in the face of renewed tensions.

• Meanwhile, data showed that Britain's housing market slowdown following a tax hike on property transactions in April eased off in June.

•Looking ahead, UK GDP data due Friday will be watched closely for signs of recovery after April’s contraction.

•   Immediate resistance is located at 1.3678(July 3rd high), any close above will push the pair towards 1.3766(23.6%fib)

•  Strong support is seen at 1.3495(38.2%fib) and break below could take the pair towards 1.3408(ower BB).

  Recommendation: Good to buy around 1.3560 with stop loss of 1.3470 and target price of 1.3650