FxWirePro: GBP/USD retreats slightly but trend is still bullish jobs data

• GBP/USD eased on Thursday as a stronger U.S. dollar outweighed the positive impact of upbeat UK GDP data

• U.S. President Donald Trump said Iran has offered to abandon nuclear weapons for over 20 years, adding that a new round of talks could take place this weekend.

• A senior Iranian official told media  that the negotiation in Islamabad increased hopes for a second ​round of talks, though added that fundamental differences ​remained over its nuclear program.

• The dollar snapped an eight-day losing streak on Thursday as lingering uncertainty over U.S.–Iran talks tempered expectations of a swift resolution.

• On the data front, UK Gross Domestic Product rose 0.5% month-on-month in February, marking the strongest growth since January 2024, according to the Office for National Statistics, beating   forecasts of 0.2%.

•   Immediate resistance is located at 1.3596( Higher BB), any close above will push the pair towards 1.3659(38.2%fib)

•  Strong support is seen at 1.3497(50%fib) and break below could take the pair towards 1.3370(SMA 20 ).

  Recommendation: Good to buy around 1.3520, with stop loss of 1.3460 and target price of 1.3600.