• GBP/USD rose sharply on Monday as dollar fell report of narrower tariffs.
• Media report showed President-elect Trump is reportedly considering tariffs limited to critical imports, offering potential relief to countries fearing broader measures.
•Expectations of sweeping tariffs under Trump, potentially impacting global economies, have weighed on foreign currencies like the euro ,pound .
• At GMT 12:20, The British pound was last trading up 1.03% at $1.2540 to dollar.
• Immediate resistance is located at 1.2415(Daily high), any close above will push the pair towards 1.2487(50%fib)
• Strong support is seen at 1.2357(23.6%fib) and break below could take the pair towards 1.2323(Lower BB).
Recommendation: Good to buy around 1.2520, with stop loss of 1.2430 and target price of 1.2650


FxWirePro- Major European Indices
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: AUD/USD dips on soft China data
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Major Pair levels and bias summary 



