• GBP/USD firmed on Friday as investor sentiment improved after Iran moved to reopen the strategic Strait of Hormuz.
• Around 20% of the world’s LNG trade usually transits the Strait of Hormuz, but flows have nearly halted following U.S. and Israeli strikes on Iran on February 28.
• Oil prices plunged below $90 a barrel following the announcement, lifting stocks and government bonds higher.
• Bank of England Chief Economist Huw Pill said on Friday that the central bank's main focus should be getting inflation to its 2% target.
• Immediate resistance is located at 1.3599( Daily high), any close above will push the pair towards 1.3648(38.2%fib)
• Strong support is seen at 1.3512(50%fib) and break below could take the pair towards 1.3447(27th low ).
Recommendation: Good to buy around 1.3520, with stop loss of 1.3460 and target price of 1.3600.


Institutional Surge: Bitcoin Eyes the USD 80,000 Milestone as Demand Intensifies
FxWirePro: EUR/ NZD holds narrow range, focus on near-term support
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR drops below 16.200 level, heads deeper into bear territory
FxWirePro: USD/CNY dips as Yuan firms on Q1 growth surprise
FxWirePro: USD/ JPY remains bullish above 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
NZDJPY Consolidation: Bullish Resilience Prepares for a Breakout Toward 96.00
FxWirePro: USD/CAD downside pressure builds, key support level in
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD hovers near 4-year top,outlook bullish
FxWirePro: USD/CAD downside pressure builds, key support level in focus
Coiled Spring: Ethereum Consolidates as Bulls Eye a Breakout Above USD 2,420
Aussie Ascent: AUDJPY Hits Multi-Session Highs as Bullish Momentum Intensifies
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: GBP/USD retreats slightly but trend is still bullish jobs data 



