GBP/USD is trading at 1.2793, 0.03% up since previous day close. GBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls data. After decline demand of US Dollar major currency gain all over the world. GBP/USD currently trading on over brought area this may touch 1.2847 if fail to touch may see to retrace to near support line which is 1.2750.

US30 is trading at 38900. 0.24% up since previous day close. The monthly payrolls report is the highlight of the day’s activity, as investors look for more clues as to when the Federal Reserve will start cutting interest rates. Nvidia remains in the spotlight, although short positions in the AI giant are rising, while volatility in meme stock GameStop is set to continue. Multiple events hold the market currently US30 traded near 38900 a week ago we see a sharp fall from here so wait and watch for upcoming move.

XAU/USD is trading at 2375, 0.88%, up since previous day close. Gold price (XAU/USD) trades with mild negative bias after retracing from fresh two-week highs during the European trading hours on Friday. Investors now opt to move to the sidelines and wait for the release of the closely-watched monthly employment details from the United States (US). The popularly known Nonfarm Payrolls (NFP) report will play a key role in influencing the Federal Reserve’s (Fed) future policy decisions, which, in turn, should provide a fresh impetus to the non-yielding yellow metal. XAUUSD face rejection from 2384 and may retrace toward their nearest support zone.