Analyzes

GBP/USD continues to struggle below the key 1.35 resistance level, with signs of exhaustion offering potential short opportunities targeting 1.3310.

The US dollar rallied against the Japanese yen ahead of Friday’s BoJ meeting, with traders watching for dovish signals that could spark a move to 160.

GBP/USD started the week on a firm footing and continued to trade strongly as disputes between the United States (US) and the European Union (EU) over the purchase of Greenland battered the US Dollar (USD) significantly.

The Euro saw modest gains on Thursday, staying range-bound as traders watch for a breakout above 1.1850 that could signal a push toward 1.20.

Silver rebounded sharply from $90 and is now pushing toward the $100 level, driven by intense bullish momentum and growing concerns over physical supply.

WTI crude oil remains range-bound near $60 as traders look for short-term opportunities between resistance at $62 and support at $58.50.