GBP/USD is trading at 1.2702, 0.09% up since previous day close. During Thursday’s Asian session, the GBP/USD exchange rate was trading at roughly 1.2700. It will be challenging for the GBP/USD pair to produce a significant recovery as long as the US T-bond yield keeps rising and supports the USD. The gravestone Doji formed by the previous day’s candle, according to the daily chart analysis, suggests a trend reversal. The current outlook for the market is optimistic. The closest support is 1.2676, while the resistance is 1.2735.

GER30 is trading at 17560, 0.78% up since previous day close. While tech stocks dragged on the benchmark, European shares opened down on Thursday, reflecting the pessimistic outlook in Asian markets. However, losses were contained by a plethora of positive business reports. The market is in an oversold zone, and following a few days of intense selling, buying may be about to begin, according to daily chart analysis. The market is optimistic today. 17648, the nearest resistance, and 17248, the closest support.

WTI is trading at 75.57, 0.33% down since previous day close. Due to mounting supply concerns and simmering Middle East tensions, oil prices saw bumpy activity on Thursday and appeared to be ending a two-session winning streak that lasted for almost 3%. To reach their lowest level since February, U.S. crude inventory stockpiles decreased by 3.7 million barrels. The daily chart analysis indicates that a gap down opening indicates a negative trend in the market. There is 76.26 opposition and 72.83 support in the closest vicinity.