Daily Technical Analysis：GBP/USD、AUD/USD

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

Daily Technical Analysis: [16 MAY]

1. GBP/USD Analysis:
News Summary:
MUFG pointed out that the pound's muted reaction to the improvement in UK economic growth data suggests a cautious interpretation of the data. Data showed that the UK economy grew 0.7% in the first quarter, following a 0.1% increase in the previous quarter, but this was driven by volatile factors in corporate investment. This may mean that investors will remain cautious about over-interpreting the first quarter data.

Trend Analysis:
We can see GBP/USD rebounded and moved above the 48 hours moving average. In addition, the MACD double line and energy bar hover near the zero axis. The buy limit could be used, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.3230]
Key Resistance Levels: [1.3400]
Pivot Points [1.3280]
2. AUD/USD Analysis:

News Summary:
The latest employment data released by the Australian Bureau of Statistics showed that the number of new jobs in April reached 89,000, far exceeding the market's expectation of an increase of 20,000, and significantly higher than the upwardly revised 36,400 in March. At the same time, the unemployment rate remained unchanged at 4.1%, in line with expectations. This employment report clearly shows that the Australian labor market remains resilient, which may reduce the urgency of the Reserve Bank of Australia to cut interest rates in future.

Trend Analysis:
We can AUD/USD fluctuated and ran below the 48 hours moving average. On the other hand, the MACD double line and histogram bar gradually converge near the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [0.6360]
Key Resistance Levels: [0.6500]
Pivot Points [0.6400]