GBP/USD

Trend Theme:GBP/USD hovers around 1.2500 with a positive tone amid hawkish BoE.
Trend Review:GBP/USD trades around 1.2500 during the Asian session on Monday, attempting to extend gains for the third consecutive session. The GBP/USD pair received upward support from the hawkish tone of Bank of England’s (BoE) officials.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.2643 * | 1.2674 ** | 1.2733 *** |
| 1.2584 | Support* | 1.2552 * | 1.2493 ** | 1.2461 *** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY extends the range-bound theme around 149.50 ahead of the US housing data.
Trend Review:The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on Monday. In the absence of top-tier economic data released from the Japanese docket this week, the USD/JPY pair remains at the mercy of USD price dynamics.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 149.72 * | 149.98 ** | 150.24 *** |
| 149.46 | Support* | 149.21 * | 148.95 ** | 148.69 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices held above $80 as the market awaited an OPEC+ deal this week.
Trend Review:Oil prices were little changed on Monday, with Brent holding above $80 a barrel, as investors awaited a deal at an Opec + meeting later this week to limit supply until 2024..
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 76.63 * | 77.66 ** | 78.20 *** |
| 76.09 | Support* | 75.06 * | 74.52 ** | 73.49 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold trades near $2,010 after retreating from a six-month high.
Trend Review:Gold price trims some of its intraday gains during the Asian session on Monday, pulling back from a six-month high at $2,018 per troy ounce. Yellow metal may receive support on the positive sentiment as PBoC boosts financial support for private firms.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2006.82 * | 2011.28 ** | 2018.93 *** |
| 1999.17 | Support* | 1994.71 * | 1987.06 ** | 1982.60 *** |
Weekly forecast:

