GBP/USD
Trend Theme：GBP/USD extends the upside above 1.2700, focus on UK-US PMI data.
Trend Review：The GBP/USD pair extends the rally near 1.2720 during the early Asian session on Thursday. The uptick of the major pair is bolstered by the hotter-than-expected UK CPI inflation data, which slashed June rate cut bets from the Bank of England.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.27227 * | 1.27256 ** | 1.27316 *** |
| 1.27196 | Support* | 1.27167 * | 1.27136 ** | 1.27076 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY pulls back from near 157.00 as US Dollar struggles.
Trend Review：USD/JPY is reversing a fresh uptick to two-week highs near 157.00 in Asian trading on Thursday. The pair briefly tested the 157.00 threshold on BoJ’s steady bond-buying operation. However, a pause in the US Dollar rebound and sluggish US Treasury bond yields drag the pair lower..
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 156.8 * | 156.828 ** | 156.891 *** |
| 156.765 | Support* | 156.737 * | 156.702 ** | 156.639 *** |
Weekly forecast：
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WTI
Trend Theme：The market expects that the United States will maintain high interest rates for a long time, and oil prices have hit their lowest level in nearly three months..
Trend Review：Oil prices closed more than 1% lower on Wednesday, falling for a third straight day, as Federal Reserve officials said persistent inflation could delay an interest rate cut, reigniting concerns about oil demand.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 76.935 * | 76.966 ** | 77.017 *** |
| 76.915 | Support* | 76.884 * | 76.864 ** | 76.813 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price edges lower on Fed’s hawkish stance.
Trend Review：Gold price extends the decline on Wednesday. The further upside of the yellow metal might be limited, as the FOMC minutes were interpreted as significantly more hawkish than previous releases. The cautious approach of the US Fed to hold its restrictive policy for longer boosts the Greenback broadly.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2374.73 * | 2377.76 ** | 2382.95 *** |
| 2372.57 | Support* | 2369.54 * | 2367.38 ** | 2362.19 *** |
Weekly forecast：
