https://content.tmgm-dev.com/uploads/articles/6qOJCELnlInNWCXKXkkzPXHtmkQ8YrUUrrE71Smn.png
13 May, 2025
5 minutes

Daily Technical Analysis:GBP/USD、Crude Oil

Introduction: Welcome to our daily technical analysis of the financial markets, focusing today on GBP/USD and Crude Oil. Let's dissect the latest news, market trends, and crucial price levels to watch out for.

1. GBP/USD Analysis:
News Summary:
The UK government plans to tighten visa requirements to reduce the number of workers entering the country legally, including new educational requirements for skilled visas and restrictions on low-skilled visas. It will also announce changes to deportation and repatriation rules to make it easier to remove foreign criminals who commit crimes in the UK and will appoint a panel to identify industries that are overly dependent on foreign workers.

Trend Analysis:
We can see GBP/USD fluctuated and fell back at H4 level, and ran below the 48 hours moving average. In addition, the MACD double line and histogram bar converge below the zero axis. The sell limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.3100]
Key Resistance Levels: [1.3280]
Pivot Points [1.3240]
2. Crude Oil Analysis:

News Summary:
Although the crude oil market has been bearish, it has finally shaken off some of its pessimism and followed the broader market's renewed optimism as trade relations begin to make progress. But the outlook for oil prices remains uncertain and much depends on the direction of the US economy, its trade policies, and the implementation of sanctions on Iran and Russia. Last Thursday, the United States imposed sanctions on the third independent refinery that purchased Iranian crude oil, and the fourth round of Iran nuclear talks will be held in Oman.

Trend Analysis:
We can see crude oil dropped after encountering resistance and is still running above the 48 hours moving average on H4 chart. However, the MACD double line and energy bar are shrinking above the zero axis. The sell limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [59.00]
Key Resistance Levels: [64.00]
Pivot Points [63.00]

Get Started! Sign up and access the Global Markets in less than 3 minutes

Lightning-Fast Execution Speed with 24/7 Customer Support