1. GBP/USD Analysis:

News Summary:

UK 10-year government bonds extended their selloff, with yields hitting their highest level in more than 19 years on Thursday. Oil prices climbed above $100 per barrel for the first time in six weeks, adding further upward pressure to global borrowing costs. As yields rose, the UK Debt Management Office announced the results of a £5 billion auction of 4.625% government bonds maturing in May 2030. The auction attracted £16.2 billion in bids. The 2030 gilt recorded an average yield of 4.786%, the highest for this maturity since October 2023.

Trend Analysis:

We can see GBP/USD continued to retreat on the H4 chart and is trading below the 48 hours moving average. In addition, the MACD double line and energy bars are expanding below the zero axis. The sell limit could be placed, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.3420]

Key Resistance Levels: [1.3600]
Pivot Points [1.3550]

2. Crude Oil Analysis:

News Summary:

The ongoing U.S.-Iran conflict is taking an increasing toll on Middle Eastern energy producers. With oil tankers in the Persian Gulf facing another wave of frequent attacks, Saudi Arabia’s crude export routes have come under severe pressure, forcing the country to halt its months-long production recovery. The geopolitical turmoil has directly fueled a sharp rally in energy markets. Crude oil prices surged above the $100-per-barrel mark this week, while soaring fuel costs continue to drive inflation higher and place a heavy economic burden on consumers worldwide.

Trend Analysis:

On the H4 chart, we can see crude oil remains in a sustained uptrend and is trading above the 48 hours moving average. Meanwhile, the MACD double line and histogram bars remain above the zero axis but are showing signs of contraction. The sell limit could be set, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [98.00]

Key Resistance Levels: [107.00]

Pivot Points [105.00]