FxWirePro: GBP/NZD remains bullish as rally continues 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro- Woodies Pivot(Major) 
BTCUSD's price showed a minor decline despite weak US PCE. US PCE YoY March cools down to 4.6% from 4.7% in Feb. BTC hits a low of $28289 and currently trading around $28521.
Major economic data
May 1st, 2023 US ISM manufacturing Index (2:00 pm GMT).
May 3rd, 2023 US ISM services PMI (2 pm GMT)
FOMC statement (6 pm GMT)
May 4th, 2023, ECB monetary policy (12:15 pm GMT)
Unemployment benefits (12:30 pm)
Factors to watch for Bitcoin price action
US markets
NASDAQ (positive correlation with BTC) - Bullish (positive for BTC). The index consolidated in a narrow range between 13240 and 12722 for the past three weeks. Any weekly close above 13250 will take the index to 13725.
According to the CME Fed watch tool, the probability of a no-rate hike in May increased to 14.5% from 9.50% a week ago.
Technicals
Major support- $27000. Any break below will take it to the next level at $26600/$25000 is possible.
Bull case
Primary supply zone -$30000. The breach above confirms minor bullishness. A jump to the next level of $37000/$43200/$48500 is possible.
Secondary barrier- $52200. A close above that barrier targets $60000/$69000.
It is good to buy on dips around $25000 with SL around $23000 for TP of $30000.
