GBP/USD
Trend Theme：GBP/USD posts modest gains above the mid-1.2600s amid mixed US data.
Trend Review：The GBP/USD pair posts modest gains above the mid-1.2600s during the early Asian trading hours on Friday. The decline of the US Dollar provides some support to the major pair.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.2710 * | 1.2759 ** | 1.2808 *** |
| 1.2661 | Support* | 1.2612 * | 1.2563 ** | 1.2514 *** |
Weekly forecast：
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USD/JPY
Trend Theme：Japanese Yen rebounds from one-week low, upside potential seems limited.
Trend Review：The Japanese Yen attracts some buyers amid geopolitical risks and intervention fears. Fading hopes for an imminent shift in the BoJ’s policy stance might cap further gains. The Fed’s higher-for-longer narrative underpins the USD and lends support to USD/JPY.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 150.79 * | 151.08 ** | 151.46 *** |
| 150.40 | Support* | 150.12 * | 149.73 ** | 149.45 *** |
Weekly forecast：
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WTI
Trend Theme：Tensions in the Middle East continue to support oil prices, but as EIA inventories increase, do bulls still have a chance?
Trend Review：Oil ended slightly higher on Thursday as hostilities continued in the Red Sea and Iran-aligned Houthi rebels stepped up attacks near Yemen, but a sharp increase in U.S. crude stockpiles capped gains. Overall, the technical picture shows that the opportunities for bulls have increased, and the speeches of Fed officials are slightly dovish. The prospect of the Fed cutting interest rates during the year is expected to provide opportunities for bulls to rise further.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 78.98 * | 79.68 ** | 80.63 *** |
| 78.03 | Support* | 77.33 * | 76.38 ** | 75.68 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold bounces back toward $2,030 amid weaker US Dollar.
Trend Review：Gold price is finding buyers once again near $2,020 in the Asian session on Friday. Gold price is rescued by a broadly weaker US Dollar but the further upside could be elusive amid positive US Treasury bond yields and hawkish Fedspeak.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2033.23 * | 2041.76 ** | 2048.54 *** |
| 2026.45 | Support* | 2017.92 * | 2011.14 ** | 2002.61 *** |
Weekly forecast：
