GBP/USD is trading at 1.3021, 0.07% down since previous day close. In Wednesday’s European trading, the GBP/USD pair is retreating toward 1.3000. As traders wait for new clues on the policy route from the Fed Minutes and the US NFP revisions, the US Dollar sees renewed demand in an otherwise cautious risk environment. A gap down opening was observed today, indicating a bearish trend, according to the daily chart analysis. The closest support is 1.2971, while the nearest resistance is 1.3054.

US 30   is trading at 40896, 0.12% up since previous day close. The market’s surge from early-August lows was primarily fueled by expectations of lower interest rates, and any further positive signals from the Fed are likely to fuel further gains. However, heavyweight technology firms saw some losses following their recent robust comeback. Today’s rally is suggested by the RSI touching 63. The nearest resistance is at 40707, while the closest support is at 40758. If it breaks, it can reach 41445.

WTI is trading at 74.41, 0.11% down since previous day close. US crude oil, West Texas Intermediate Wednesday’s Asian session saw oil prices move with a slight downward bias below the 73.00 level, hindered by an unanticipated increase in US crude stocks. When the FOMC minutes are released later today, investors will be paying close attention. The gap down opening indicates a bearish trend for today, according to the analysis of the daily chart. 75.42 is the nearest resistance, and 73.47 is the closest support.