• GBP/NZD recovered some ground on as investors awaited outcoe of UK local elections.
• UK elections could reshape politics if voters shift to populist parties, weakening Labour and Conservative dominance..
• local elections remain the main focus for sterling. A weak showing for Labour is largely expected, limiting the potential for major market surprises.
•Polls indicate that Nigel Farage’s Reform UK could expand its council control in England and emerge as a key opposition force in Scotland and Wales against Scottish National Party and Plaid Cymru.
• Immediate resistance is located at 2.2943 (SMA 20), any close above will push the pair towards 2.3002(50fib).
• Immediate support is seen at 2.2766(38.2%fib) and break below could take the pair towards 2.24574(23.6%fib).
Recommendation: Good to sell around 2.2850 with stop loss of 2.2900 and target price of 2.2760


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR drops below 16.500 level, heads deeper into bear territory
Ethereum Pullback: ETHUSD Tests Support After Mirroring Bitcoin’s Profit-Booking
Bitcoin Peaks Above USD 81,000: Resilient Demand Absorbs Strategic Profit-Taking
FxWirePro- Major European Indices
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran peace deal hopes
FxWirePro- Major European Indices
Swiss Strength Persists: USDCHF Slumps Below 0.7800 Amid Broad Greenback Sell-Off
FxWirePro: GBP/USD up on Iran hopes, looming UK local elections a risk
FxWirePro: USD/CAD gains some ground but bearish outlook persists
Sterling Slumps Under Yen Surge: GBPJPY Faces Steep Resistance at 213.00
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY consolidates, likely to maintains downward pressure
Stalled at the Border: NZDJPY Treads Water as Ceasefire Uncertainty Lingers
FxWirePro: GBP/AUD edged higher but bearish outlook remains 



