Web Trader MT5 
GBPUSD shows a short-term downtrend as the US dollar index (DXY) gained strength recently. GBPUSD failed to sustain above 1.3780 and is now showing lower highs and lower lows indicating a bearish trend. All 3 moving averages MA(5,10,30) are trending down.
MACD shows a bearish crossover, with red histogram bars expanding indicating selling pressure.
GBPUSD is likely to remain weak. Key support lies around 1.3560. Short rallies may face resistance near 1.3650 level. However, a breakout above 1.3680 and a daily close above this level gives a bullish sign for the pair.
GBPUSD 1H Chart
| Resistance | 1.3662 | 1.3681 | 1.3713 |
| Support | 1.3611 | 1.3586 | 1.3562 |
Despite the overall bullish sentiment for gold in the long term, the precious metal is currently trending downward. Price rejected from the $3,365 level recently and is trending lower. Moving averages MA(5) and MA(10) are sloping downward and below 30 MA, which indicates selling pressure.
MACD shows bearish momentum is building, signal line cross already occurred on the indicator.
Gold is under selling pressure on the hourly chart. If price fails to hold above $3,300,a further downside to 3,280–3,250 is likely.
Gold (XAUUSD) 1H Chart
| Resistance | $3,322 | $3,331 | $3,345 |
| Support | $3,305 | $3,296 | $3,283 |
The three major US indices are all rising recently, with the Dow Jones slightly lagging behind. The index shows sideways consolidation after a sharp move up. Price tested resistance near 44,905 and is now consolidating.
The 5, 10, and 30 moving averages are converging, indicating indecision in the market.
MACD recently crossed above the signal line, showing a mild bullish sign, but momentum is weak.
A break above 44,900 could trigger continuation to the upside, but consolidation may continue short-term.
Watch out for the weekly bullish gap as price may draw to it before continuing up. A drop to 44,440 and daily closing below this level may open the door for more declines.
Dow Jones 1H Chart
| Resistance | 44,766 | 44,791 | 44,882 |
| Support | 44,635 | 44,58 | 44,460 |
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