technical

GBP/JPY remains bullish as persistent yen weakness and favorable rate differentials push the pair toward the key 214–214.50 resistance zone.

AUD/USD is trapped in the middle of a broad range, with 0.7150 as major resistance and 0.6950 near the 50-day EMA acting as the main support zone.

NZD/USD extended its rally on Thursday as risk appetite improved, with 0.59 now the key resistance level and 0.58 acting as the main support.

USD/JPY remains rangebound between 158 and 160, with upside pressure building toward 160.40 as yield differentials continue to favor the US dollar.

The USD/CAD pair gains some positive traction on Friday, snapping a four-day losing streak to the 1.3800 neighborhood or over a two-week low set the previous day. Doubts over the durability of the US-Iran ceasefire support the safe-haven US Dollar (USD) and act as a tailwind for spot prices.

Whether Gold prices climb toward a $5,000 breakout or face a hard rejection partly hinges on the upcoming March Consumer Price Index (CPI) report due on Friday.