GBP/USD is trading at 1.3317, 0.01% up since previous day close. Monday morning in Europe, the GBP/USD pair is holding 1.3300 after giving up its early gains. Ahead of the US and UK Purchasing Managers Index flash readings that are scheduled for later on Monday, the pair brushes off a lull in the US Dollar’s rally and a positive outlook. The technical forecast for the pair in the near term indicates overbought circumstances. A gap that opens downward implies a dismal future. 1.3149 is the closest support.

GER30 is trading at 18810, 0.36% up since previous day close. Amid a plethora of important economic data from the area this week, investors remained cautious, and European equities began Monday on a muted tone. A few days after disappointing investors by not dropping longer-term rates, China’s central bank lowered its 14-day repo rate by 10 basis points, contributing to the markets’ quiet bullish start to the week. The market may reach a spectrum of consolidation. 18703 is the nearest support.

WTI is trading at 72.30, 0.12% up since previous day close. About 75% of Malaysia’s oil production is purportedly purchased by China. Close to the annual lows, the US Dollar Index is still under pressure. Expectations that last week’s massive reduction in U.S. interest rates would support demand and worries that the increased fighting in the Middle East may limit regional supply drove up oil prices on Monday. As a bearish trend is shown, the pairings traded below the 50-day moving average. 70.20 is the nearest support.