1. GBP/USD Analysis:

News Summary:

The massive reciprocal tariffs announced by Trump last week have raised concerns about widening trade frictions, which in turn could hurt global economic developments, continuing to weigh heavily on sentiment. The dollar has benefited from its status as relative safe-haven asset, acting as a headwind for the pound. On the other hand, the pound appears to be drawing support from market expectations that the Bank of England will lower borrowing costs more slowly than other central banks. This in turn suggests that the trend for the pound is tilted toward the bulls.

Trend Analysis:

We can see GBP/USD rebounded and ran below the 48 hours moving average. In addition, the MACD double line and energy bar further expand below the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.2770]

Key Resistance Levels: [1.2960]
Pivot Points [1.2810]

2. Crude Oil Analysis:

News Summary:

Investors are now preparing for a potential oversupply as demand rises uncertainly following OPEC+'s recent decision to increase production by 411,000 barrels per day in May. Goldman Sachs revised its oil price forecast, predicting that crude oil prices will fall to $62 per barrel by the end of 2025 and further to $55 by 2026. The price drop points to increasing pressure on global oil benchmarks as geopolitical and trade frictions intensify.

Trend Analysis:

We can crude oil rebounds after falling, but it is still below the 48 hours moving average. In addition, the MACD double line and energy bar gradually expand below the zero axis. The sell limit could be used, stop loss is compulsory.

Today's Key Price Levels:

Key Support Levels: [59.00]

Key Resistance Levels: [64.00]

Pivot Points [63.00]