GBP/USD

Trend Theme:GBP/USD drifts higher to 1.2630 on weaker USD, UK higher house prices.
Trend Review:The GBP/USD pair gains traction during the early Asian session on Thursday. The uptick in the major pair is bolstered by rising house prices in the UK, which supported bets that the Bank of England was not likely to cut interest rates any time soon.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.2647 * | 1.2668 ** | 1.2695 *** |
| 1.2620 | Support* | 1.2599 * | 1.2572 ** | 1.2551 *** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY trades modestly flat above 148.00 after BoJ commentary.
Trend Review:The Japanese Yen struggles to capitalize on widening Japan’s trade surplus, as dovish comments from the BoJ policymaker underwhelm, Therefore, the USD/JPY pair is holding steady above 148.00, with the upside capped by a weaker US Dollar.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 148.41 * | 148.65 ** | 149.04 *** |
| 148.02 | Support* | 147.79 * | 147.40 ** | 147.16 *** |
Weekly forecast:

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WTI
Trend Theme:Oil prices rose for the third day in a row as gasoline inventories fell plus tensions in the Middle East.
Trend Review:In Asian trading on Thursday, U.S. crude traded in a tight range, currently trading around $73.97 per barrel. Oil prices rose for a third straight day on Wednesday, helped by a bigger-than-expected drop in U.S. gasoline inventories and rising tensions in the Middle East.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 74.52 * | 74.87 ** | 75.49 *** |
| 73.90 | Support* | 73.55 * | 72.93 ** | 72.58 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold remains confined above $2,030 ahead of Chinese data.
Trend Review:Gold price remains confined in a narrow trading band above the $2030 mark per troy ounce during the early Asian trading hours on Thursday. The ongoing Middle East geopolitical tension might boost traditional safe-haven assets like gold.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2042.77 * | 2050.70 ** | 2056.76 *** |
| 2036.71 | Support* | 2028.78 * | 2022.72 ** | 2014.79 *** |
Weekly forecast:

