GBP/USD is trading at 1.2705, 0.11% up since previous day close. GBP/USD pair gained momentum during the European session on Wednesday. Technically speaking, buyers may still be interested in the pair as long as support at 1.2700 holds. According to a report released on Wednesday by the UK’s Office for National Statistics, the annual rate of inflation in the country decreased from 2.3% in April to 2% in May based on changes in the CPI. 1.2739 is a potential resistance level, and 1.2698 is a crucial support level up ahead.

GER30 is trading at 18115, 0.13% up since previous day close. With the focus primarily on interest rate decisions made by several central banks throughout the region later in the day, European shares began the day higher on Thursday, helped by rising technology shares. The European market is currently experiencing political crises, which has led to a trend downward in various major European indices and a major automobile share drop of more than 1% due to tariff cuts on the import of Chinese electric cars. The closest GER30 support is at yesterday’s low of 18050, while the resistance is at 18230.

SILVER is trading at 30.31, 1.89% up since previous day close. In thin trading liquidity conditions, silver rose during the North American session, gaining more than 1.89%. XAG/USD is trading at $30.11, having fallen as low as yesterday $29.35 on the day. Despite plunging from year-to-date (YTD) highs reached at $32.51, below the $30.00 mark, the grey metal is still neutral to upward bias. After hitting a monthly low of $28.66, silver appears to have bottomed; since then, XAG/USD has gradually increased and is just shy of testing the $30.00 level.