1. GBP/USD Analysis:

News Summary:

UK investors are closely watching the Bank of England’s policy meeting and interest rate decision scheduled for Thursday, seeking fresh insights into the state of the economy. The central bank faces a challenging situation: the UK labor market is weakening, suggesting a need for rate cuts, but rising energy costs are increasing inflation risks, which may hinder the Bank from easing policy. The key question is no longer just how quickly inflation is falling, but how strong the UK economy actually is.

Trend Analysis:

We can see GBP/USD on the H4 chart continues to rebound and has moved back above the 48 hours moving average. In addition, both the MACD double line and histogram bars are expanding near the zero axis. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.3300]

Key Resistance Levels: [1.3440]
Pivot Points [1.3330]

2. Gold Analysis:

News Summary:

The gold market is currently reflecting a state of balance. Rising geopolitical uncertainty is driving safe-haven buying, while inflation pressures are simultaneously acting as a bearish force. Although gold still has the potential to reach new record highs, bullish momentum appears to be weakening, making a rapid breakout in the short term unlikely. Commerzbank emphasizes that uncertainty over the duration of the conflict and disruptions to oil supply will keep the Federal Reserve cautious, thereby limiting the upside potential for gold prices.

Trend Analysis:

On the H4 chart, we can see gold is moving sideways and remains below the 48 hours moving average. On the other hand, both the MACD double line and energy bars are expanding below the zero axis. The sell limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [4910]

Key Resistance Levels: [5040]

Pivot Points [5010]