GBP/USD is trading at 1.2877,0.15% up since previous day close. During 1.2850 in the European morning on Thursday, the GBP/USD pair maintains modest advances. Despite persistent US Dollar weakening and a positive outlook for the market.  The US CPI inflation report is anticipated by GBP/USD to be the next catalyst for a rise. The bullish daily RSI and the 1.2900 mark may continue to entice purchasers of pound sterling. 1.2897 is the closest resistance, and 1.2773 is the closest support.

US100 is trading at 20659,0.04 down since previous day close. Important inflation statistics and speeches by Federal Reserve Chair Jerome Powell are anticipated to provide additional guidance this week. Powell’s Wednesday appearance before the House will prepare the ground for Thursday’s crucial update on consumer inflation. The overbought area is where the RSI is. The market may be in a downturn or is consolidating here. The closest support is at 20414, while the closest resistance is at 20723.

WTI  is trading at 82.30,0.26 % down since previous day close. On Thursday, oil prices increased as gasoline inventories decreased, indicating increased demand, and as crude supplies decreased as a result of American refineries stepping up processing. US crude oil, West Texas Intermediate Oil prices continue to rise throughout the Asian session on Thursday, The market is currently going through a phase of consolidation. The market is 80.80 in a downward trend and can go to 83.29 in an upward trend.