Daily Technical Analysis：GBP/USD、 Gold

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

1. GBP/USD Analysis:
News Summary:
Bank of England lending data for October showed British households increased their savings, possibly as a precautionary measure due to tight budgets. Households' deposits with banks and building societies rose by £20.2bn in October, the biggest increase since December 2020. Individuals save more and spend less. The data raised the risk that Britain's fourth-quarter economic growth data would be lower than expected.

Trend Analysis:
We can see GBP/USD encountered resistance and fell back and ran above the 48 hours moving average on H4 chart. In addition, the MACD double line and energy column forms top divergence above the zero axis. The sell limit could be employed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.2600]
Key Resistance Levels: [1.2770]
Pivot Points [1.2730]

2. Gold Analysis:

News Summary:
A retreat in the U.S. dollar and ongoing geopolitical uncertainty provided support for gold prices. However, gold still recorded a drop of more than 3% in November, becoming its worst single month performance since September 2023, affected by both market risk aversion and the strength of the US dollar. The recent geopolitical situation has had a complex impact on gold trends. Although tensions in the Middle East have not worsened further, the market still has reservations about the uncertainty of the long-term situation.

Trend Analysis:
We can see gold H4 level fluctuated downwards and returned below the 48 hours moving average. On the other hand, the MACD double line and energy bar further shrinks near the zero axis. The sell limit could be placed, stop loss is compulsory.

Today's Key Price Levels:
Key Support Levels: [2603]
Key Resistance Levels: [2660]
Pivot Points [2643]