1. GBP/USD Analysis:

News Summary:

TD Securities said the Bank of England's policy decision on March 20 is unlikely to be a significant factor in driving the pound higher. The decision to keep interest rates unchanged has been priced in by the market, and the market expects the central bank to continue cutting interest rates in May. The pound is driven more by global macroeconomic factors than special events. Germany's fiscal spending plans led to a decline in the pound against the euro, while concerns about a US recession boosted the pound against the dollar.

Trend Analysis:

We can see GBP/USD fluctuated at a high level and ran near the 48 hours moving average on H4 chart. In addition, the MACD double line and histogram bar converge above the zero axis. The buy limit could be used, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.2830]

Key Resistance Levels: [1.3050]
Pivot Points [1.2880]

2. Crude Oil Analysis:

News Summary:

The stalemate between Russia and Ukraine supports oil price. Russian President said that although he supports the ceasefire proposal put forward by the United States in principle, he requires the United States to further clarify the conditions, which makes it difficult to clarify the prospects of a ceasefire in the short term. The market's previous expectation that Russian energy supply will return to the Western market has decreased. Coupled with the news that the US energy trading license for Russia has expired and Chinese state-owned enterprises have restricted Russian oil imports due to sanctions risks, the expectation of tightening supply has a bottoming effect on oil prices.

Trend Analysis:

We can see crude oil rebounded and ran above the 48 hours moving average on H4 chart. On the other hand, the MACD double line and energy bar oscillate near the zero axis. The sell limit could be employed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [65.00]

Key Resistance Levels: [70.00]

Pivot Points [69.00]