GBP/USD
Trend Theme：GBP/USD surges to 1.2500 ahead of the UK CPI data.
Trend Review：The GBP/USD pair edges higher during the early Asian trading hours on Wednesday. The weakening of the US Dollar, backed by a fall in US Treasury bond yields, lends some support to GBP/USD. The major pair is trading around 1.2497, down 0.04% on the day.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.2583 * | 1.2665 ** | 1.2824 *** |
| 1.2425 | Support* | 1.2343 * | 1.2184 ** | 1.2102 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY steadily climbs to 150.75-80 area, fresh daily high after weaker Japanese GDP.
Trend Review：The USD/JPY pair regains positive traction during the Asian session on Wednesday and reverses a part of the previous day’s heavy losses to the 150.15 area, or a one-week low. The intraday buying picks up pace following the worse-than-expected release of the Japanese GDP print and lifts spot prices to a fresh daily peak, around the 150.75-150.80 region in the last hour.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 151.33 * | 152.42 ** | 153.00 *** |
| 150.74 | Support* | 149.65 * | 149.07 ** | 147.98 *** |
Weekly forecast：
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WTI
Trend Theme：The situation in the Middle East eased VS the two major gains, oil prices fell after rising.
Trend Review：Oil prices retreated from gains on Tuesday on signs that tensions in the Middle East may be easing and uncertainty about U.S. oil inventories. Oil prices gave up early gains after weaker-than-expected U.S. CPI data sent the U.S. dollar index tumbling to a more than two-month low. , and the International Energy Agency (IEA) raised its forecast for crude oil demand, oil prices once refreshed a one-week high.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 79.30 * | 80.44 ** | 81.22 *** |
| 78.53 | Support* | 77.39 * | 76.62 ** | 75.48 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold consolidates its gains around $1,960, Chinese, US data eyed.
Trend Review：Gold price consolidates its recent gains after reaching $1,971 during the early Asian session on Wednesday. The weaker-than-expected US inflation and a decline in US Treasury yields boost precious metal demand. Also, the rising geopolitical tensions will fuel the safe-haven flows.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1975.31 * | 1986.77 ** | 2002.51 *** |
| 1959.57 | Support* | 1948.11 * | 1932.37 ** | 1920.91 *** |
Weekly forecast：
