GBP/USD is trading at 1.2926, 0.12% up since the previous day’s close. GBP/USD was trading at 1.2920 in the early European trading session on Monday.  Investors will be closely monitoring remarks made by Federal Reserve officials prior to the commencement of the Fed blackout period on Saturday. The pair is located inside an ascending channel, indicating a bullish trend in the pair’s price movements, according to the analysis of the daily chart. The closest supports are 1.2897, and the resistance is 1.2948.

GER30 is trading at 18372, 1.08% up since the previous day’s close. On Monday, European stocks began the week on a positive note, recovering from sharp losses in the previous trading session as investors assessed the ramifications of President Joe Biden’s withdrawal from the U.S. presidential contest. Trades in most sectoral indexes were higher. The market may rise today following a three-day low. The RSI reaches 45. If it breaks, it will go as high as 18537, and the nearest support is 18133. The closest resistance is 18358.

XAU/USD is trading at 2401, 0.74% down since previous day close. The price of gold is trying to recover from 2,400 after ending a three-day fall from all-time highs of 2,484. Even while markets continue to be risk adverse, the price of gold benefits from a general weakness in the US dollar as well as low rates on US Treasury bonds. The RSI crosses 55. On the other hand, if sellers regain control, the price of gold might approach the 2,400 mark once more. The closest resistance is 2441 and the closest support is 2391.