US Iran WAR

GBP/USD has fallen to its lowest level since June 24 after a stronger US inflation reading boosted the dollar and Treasury yields. Technical traders are watching whether a bearish flag keeps pressure on the pair toward 1.3100 or whether a rebound can reclaim 1.3255.

WTI and Brent eased in early Asian trading as the market assessed a US proposal that could reduce oil shipping costs. A large reported US crude draw and ongoing shipping risks near the Strait of Hormuz may still limit downside and keep key breakout levels in focus.

Oil prices recovered in early Asian trading as Gulf shipping risks and storm-related shutdowns in the US Gulf of Mexico raised supply concerns. Technical traders are watching whether WTI can clear $93 and Brent can break $110 to extend the rebound.

AUD/USD extended its decline for a third consecutive day, touching 0.7075 as the US dollar strengthened after the Federal Reserve lifted rates. Technical traders are watching 0.7000 as the next downside level, while a move above 0.7150 would challenge the bearish setup.

Bitcoin advanced to its strongest level in over a month as buyers defended the dip and spot ETF accumulation continued. Technical traders are watching $65,000 as the key support zone, with $70,000 remaining the main upside target.