Trend Theme：GBP/USD: 200-SMA, previous resistance line test pullback above 1.3800.
Trend Review：GBP/USD consolidates recent gains around 1.3825 amid Monday’s Asian session. The cable sellers jostle with an ascending support line, previous resistance, from April 08 and 200-SMA while staying below a one-month-long resistance line.
|PP||Resistance*||1.3879 *||1.3926 **||1.4007 ***|
|1.3798||Support*||1.3751 *||1.3670 **||1.3623 ***|
Trend Theme：USD/JPY: Bulls seeking a significant correction from support.
Trend Review：It is a quiet start in most of the forex space, including USD/JPY. At the time of writing, USD/JPY is trading flat on the session and has hardly budged during the Tokyo open. The day would be expected to lean slightly in favour of risk considering the risk-on session on Wall Street.
|PP||Resistance*||108.96 *||109.14 **||109.31 ***|
|108.79||Support*||108.61 *||108.43 **||108.25 ***|
Trend Theme：WTI struggles to regain $63.00 amid quiet Asian session.
Trend Review：WTI holds lower ground, extends Friday’s pullback from monthly top. Challenges to US President Joe Biden’s stimulus, lack of fresh positives for oil back consolidation moves. S&P 500 Futures drop 0.20%, Tokyo open eyed amid vaccine hopes, geopolitical tension.
|PP||Resistance*||63.74 *||64.36 **||64.78 ***|
|63.31||Support*||62.69 *||62.26 **||61.64 ***|
Trend Theme：Gold: Bulls come up for their last breaths?
Trend Review：Gold bulls taking the lead in the open and price moves to test resistance. Key support holding thus far, bulls on track for 1,795 target. After making a -61.8% Fibonacci retracement of the prior daily correction’s rage, the price has developed an overextended W-formation on the daily chart.
|PP||Resistance*||1785.79 *||1796.84 **||1809.82 ***|
|1772.81||Support*||1761.76 *||1748.78 **||1737.73 ***|