1. GBP/USD Analysis:

News Summary:

Although the Bank of England still believes that interest rates will gradually decline, Governor Bailey made it clear that future monetary policy will not follow a preset path. This means that the market's previous expectations that the BOE may cut interest rates in May, August and November may need to be reassessed. The Monetary Policy Committee reiterated its gradual and cautious stance on interest rate cuts and pointed out that the uncertainty of global trade policies and the increase in geopolitical risks may have a lasting impact on the UK economy.

Trend Analysis:

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

Today's Key Price Levels:

Key Support Levels: [1.2830]

Key Resistance Levels: [1.3030]
Pivot Points [1.2870]

2. Gold Analysis:

News Summary:

The gold market has priced in a lot of bad news for the global economy and the dollar. However, gold speculators are locking in profits, and the market always encounters technical resistance every time the price of gold hits a new high. The current economic slowdown has not yet evolved into a recession, and retail investors have not yet fully turned to gold for safe havens, but the risk of economic downturn may generate more safe haven demand. However, for gold prices to maintain gains above current levels, global interest rates must return to near zero, which seems unlikely.

Trend Analysis:

We can see gold retreated from its H4 high and ran near the 48 hours moving average. On the other hand, the MACD double line and histogram bar gradually shrink above the zero axis. The buy limit could be used, stop loss is compulsory.

Today's Key Price Levels:

Key Support Levels: [2988]

Key Resistance Levels: [3050]

Pivot Points [3000]