• GBP/USD eased on Friday as investors avoided risky assets after U.S. President Donald Trump's reciprocal tariffs amplified global trade war and recession worries.
• Trump's new tariffs, with a 10% baseline on imports and higher duties on key trading partners, heightened global concerns about stagflation slow growth paired with high inflation.
•The announcement led to significant volatility across financial markets, as investors reacted to the potential negative economic consequences.
• Looking ahead, investors await the release of a monthly U.S. payrolls report later in the day that will offer clues to the health of the economy and the outlook for monetary easing.
• At GMT 11:32, the pair was trading down 0.74% at 1.3002.
• Immediate resistance is located at 1.3093( 38.2%fib), any close above will push the pair towards 1.3215(Daily high)
• Strong support is seen at 1.2966(50%fib) and break below could take the pair towards 1.2905(April 2nd low).
Recommendation: Good to buy around 1.2970, with stop loss of 1.2900 and target price of 1.3080


FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: USD/CAD retreats slightly but trend is still bullish 



