Services Inflation

Spot gold is attempting to stabilize after an early Tuesday break below last week’s low found buyers at $4,103.52. However, persistent services inflation and pressure from long-term yields continue to keep the broader XAU/USD trend tilted lower.

GBP/USD is trading in a narrow but important zone as a stronger US Dollar, softer UK inflation signals, and looming central bank decisions collide. Technical traders are watching 1.3465 support and the 1.3500 area for the next directional break.