GBP/USD
Trend Theme：GBP/USD remains on the defensive below 1.2750 amid firmer US Dollar.
Trend Review：The GBP/USD pair recovers some lost ground around 1.2725 during the early Asian trading hours on Monday. The upside of GBP/USD might be limited amid the lower bets of the US Federal Reserve rate cuts this year after the stronger-than-expected US Nonfarm Payrolls data.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.27257 * | 1.27277 ** | 1.27313 *** |
| 1.27241 | Support* | 1.27221 * | 1.27205 ** | 1.27169 *** |
Weekly forecast：
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AUD/USD
Trend Theme：AUD/USD attempts recovery toward 0.6600 on risk-reset.
Trend Review：AUD/USD is attempting a minor recovery stint toward 0.6600 in Asian trading on Monday. Despite the recent US Dollar strength and a China holiday, the pair is drawing support from a modest improvement in risk sentiment. All eyes remain on the US CPI data and the Fed verdict due later this week.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 0.65876 * | 0.6589 ** | 0.65921 *** |
| 0.65859 | Support* | 0.65845 * | 0.65828 ** | 0.65797 *** |
Weekly forecast：
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WTI
Trend Theme：Non-farm data suppressed expectations of interest rate cuts, and the rebound in oil prices was blocked. Is this going to return to a downward trend?
Trend Review：U.S. crude oil retreated from its highs last Friday, closing down about 0.38% at $75.38 a barrel as investors assessed OPEC+’s assurances and the latest U.S. jobs data, which hit expectations that the Federal Reserve will soon cut interest rates.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 75.502 * | 75.524 ** | 75.577 *** |
| 75.471 | Support* | 75.449 * | 75.418 ** | 75.365 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold holds below $2,300 as China stops buying gold, US Dollar rebounds.
Trend Review：Gold price trims losses near $2,295 despite the stronger US Dollar on Monday during the early Asian session. The yellow metal edges lower to one-month lows on Friday amid lower bets on US Fed rate cuts this year and bearish sentiment fueled by news indicating that China paused gold purchases in May.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2301.23 * | 2303.53 ** | 2308.1 *** |
| 2298.96 | Support* | 2296.66 * | 2294.39 ** | 2289.82 *** |
Weekly forecast：
