UK GDP fell 0.1% in January, missing forecasts. Services grew, but industrial and manufacturing output declined.
GBP/USD is expected to trade between 1.2900 and 1.2975, with potential to rise above 1.3000 if support holds.
Risk sentiment remains fragile as US futures rise slightly; tech stocks struggle, with Nvidia and Tesla declining sharply.
USD/JPY rises as Japan’s Rengo agrees to wage hikes, boosting rate hike bets. Gold retreats; EUR/USD climbs.
EUR/USD FX option expiry at 1.0850 may influence price action; USD/CAD expiry at 1.4450 holds less significance.
EUR faces mild downward pressure against USD, consolidating between 1.0680 and 1.0950, with resistance at 1.0880.
Chinese equities rise post-Congress; CSI 300 up 2%. Market awaits state council updates on consumer activity Monday.
Spain’s CPI hits 0.4%, gold reaches $3,000, EUR/USD steady, GBP/USD pressured, and XRP’s status debated.
Gold rebounded strongly as buyers responded, benefiting from trade conflicts, risk aversion, and central bank policies.
Silver prices rise for the fourth day, driven by safe-haven demand, Fed rate expectations, and geopolitical tensions.
Insights 
VT 
