Daily Technical Analysis：GBP/USD、AUD/USD

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.

1. GBP/USD Analysis:
News Summary:
The National Institute of Economic and Social Research (NIESR) predicted in a report that the UK will achieve solid growth this year and the inflation rate will fall, but there will be little room for the Bank of England to further cut interest rates. NIESR expects inflation to peak at 3.2% in January this year, with inflation averaging 2.4% this year and 2% in 2026. This is much milder than the BOE’s forecast, which expects inflation to rebound to 3.7% in the third quarter of this year and not return to the 2% target until the end of 2027.

Trend Analysis:
We can see GBP/USD continues to rebound and returns above the 48 hours moving average on H4 chart. In addition, the MACD double line and energy bar expand near the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.2340]
Key Resistance Levels: [1.2550]
Pivot Points [1.2390]

2. AUD/USD Analysis:

News Summary:
Trump said he would take Australia's request to be exempted from steel tariffs very seriously, citing a trade deficit between Australia and the United States. In this regard, the Australian Trade Minister emphasized that Australia is seeking exemptions from steel tariffs similar to those obtained during the Trump administration in 2018. Although Trump said he would consider Australia's request, the change in tariff policy undoubtedly put pressure on the exchange rate of the Australian dollar.

Trend Analysis:
We can see AUD/USD rebounded and moved above the 48 hours moving average on H4 chart. On the other hand, the MACD double line and energy bar are expanding above the zero axis. The buy limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [0.6220]
Key Resistance Levels: [0.6370]
Pivot Points [0.6250]