GBP/USD
Trend Theme：GBP/USD holds above the 1.2700 mark ahead of UK Retail Sales, Michigan sentiment data.
Trend Review：GBP/USD trades firm for the third consecutive day during the early Asian session on Friday. The uptick in the major pair is bolstered by the upbeat UK inflation data and the risk-on mood. Investors await the UK Retail Sales report on Friday for fresh impetus. The pair trades near 1.2708, up 0.08% on the day.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 1.2719 * | 1.2739 ** | 1.2775 *** |
| 1.2684 | Support* | 1.2664 * | 1.2628 ** | 1.2608 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY holds ground above 148.00 after soft Japanese CPI data.
Trend Review：USD/JPY is off the highs but remains well-bid above 148.00 in Asian trading on Friday. The Yen is under fresh selling pressure following the release of soft Japanese CPI inflation data. Further upside in the pair remains capped by renewed US Dollar weakness.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 148.44 * | 148.69 ** | 149.08 *** |
| 148.05 | Support* | 147.79 * | 147.40 ** | 147.15 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices rose for two consecutive days to near the 55-day moving average as U.S. crude inventories fell and global demand forecasts were raised.
Trend Review：Oil prices settled slightly higher yesterday after the International Energy Agency (IEA) and OPEC forecast strong global oil demand growth and cold winter weather disrupted U.S. crude output, while the government reported a sharp weekly cut in crude output.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 74.67 * | 75.46 ** | 76.74 *** |
| 73.39 | Support* | 72.61 * | 71.33 ** | 70.54 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold recovers some lost ground above $2,020, Michigan sentiment data eyed.
Trend Review：Gold price recovers some lost ground, trading near $2,024 during the early Asian session on Friday. The yellow metal rebounds as the US Dollar recovery stalls. Meanwhile, the US Dollar Index hovers around 103.40. The US Treasury yield consolidates its gains, with the 10-year yield standing at 4.14%.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2028.22 * | 2034.14 ** | 2045.55 *** |
| 2016.81 | Support* | 2010.89 * | 1999.48 ** | 1993.56 *** |
Weekly forecast：
