• GBP/NZD surged on Friday as China’s response to U.S. tariffs heightened concerns of a global recession triggered by the escalating trade war.
• China responded to U.S. tariffs by imposing a 34% tariff on all U.S. goods and limiting rare earth exports after the U.S. introduced reciprocal levies on Wednesday.
• The tit-for-tat tariffs between the world’s largest economies intensify the global trade war, risking higher prices, disrupted supply chains, and squeezed corporate profits..
• Immediate resistance is located at 2.3096(38.2%fib), any close above will push the pair towards 2.3335(23.6%fib).
• Immediate support is seen at 2.2923(50%fib) and break below could take the pair towards 2.2742(61.8%fib).
Recommendation: Good to buy around 2.3000, with stop loss of 2.2920, and target price of 2.3300


JPY Action Bias: NZDJPY and AUDJPY Stand Out as the Most Bullish Pairs
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD edges higher as US- Iran war escalates
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD falls to one-month low, scope for further downside
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro:USD/JPY hovers near 40-year, bias bullish
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 



