1. GBP/USD Analysis:

News Summary:

The UK housing market has slowed following the budget announced last month by Chancellor Rachel Reeves, with buyer enquiries falling at the fastest pace in more than two years. The monthly new buyer enquiries index dropped to -32% in November from -24% in October, marking its weakest reading since September 2023. The report further shows that property market activity remained subdued during the period surrounding the government’s budget announcement. The budget included the introduction of a new annual tax on homes valued at more than £2 million.

Trend Analysis:

We can see GBP/USD has edged lower on the H4 chart but continues to trade above the 48 hours moving average. In addition, both the MACD double line and the histogram bars are contracting near the zero axis. The sell limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.3300]

Key Resistance Levels: [1.3470]
Pivot Points [1.3430]

2. Crude Oil Analysis:

News Summary:

Over the past 24 hours, the crude oil market has experienced a textbook news-driven shock. The United States seized a very large crude carrier off the coast of Venezuela carrying approximately 1.8 million barrels of oil, an event that briefly pushed oil prices from losses into gains overnight. However, this move has not materially affected the broader market; its symbolic impact outweighs any real supply disruption. Market attention quickly shifted to developments in negotiations related to the Russia–Ukraine conflict, which could offer the prospect of a more comprehensive path toward peace.

Trend Analysis:

On the H4 chart, we can see crude oil has rebounded from declines but continues to trade below the 48 hours moving average. Meanwhile, the MACD double line and energy bars are converging below the zero axis. The sell limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [56.00]

Key Resistance Levels: [60.00]

Pivot Points [59.00]