1. GBP/USD Analysis:

News Summary:

Concerns about tariffs have intensified as the UK cannot benefit from large budget spending like Europe. On the contrary, hopes of increased spending are fading as borrowing costs continue to rise and Chancellor’s fiscal space shrinks. On the other hand, the impact of tax increases dampens consumer willingness and economic growth. The Bank of England is in no hurry to ease the pressure by cutting interest rates because of uncertainty in the global situation and trade.

Trend Analysis:

We can see GBP/USD fluctuated and dropped and ran near the 48 hours moving average on H4 chart. In addition, the MACD double line and histogram bar converge near the zero axis. The buy limit could be employed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [1.2850]

Key Resistance Levels: [1.3000]
Pivot Points [1.2900]

2. AUD/USD Analysis:

News Summary:

Trump is set to announce reciprocal tariffs on Wednesday, and Australians are anxiously awaiting the deadline. A trade war would severely expose Australia's reliance on the United States for security and China for prosperity. ANZ Bank said that since auto tariffs have been announced, tariffs on other industries are likely to be announced in time. Although there is room for negotiation on tariffs, trade uncertainty will remain high and exports from Australia and Asia are likely to slow.

Trend Analysis:

We can see AUD/USD H4 level fell again and ran below the 48 hours moving average. However, the MACD double line and energy bar converge below the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [0.6200]

Key Resistance Levels: [0.6310]

Pivot Points [0.6225]