Market Recap 

XAUUSD 
Gold (XAUUSD) traced a two-way session on Friday, opening at 4768.06 and finishing at 4748.95, a decline of 19.11 points or 0.40%. The day’s range measured 64.11 points, equivalent to 1.34% of the open. Price first pressed lower, reaching the session trough at 4730.91 by 11:53, then advanced to the peak at 4795.02 at 17:31 before retracing into the close. The settlement occurred toward the lower portion of the day’s span, standing 18.04 points above the low and 46.07 below the high. The intraday high printed in the 4790s, pausing short of 4800, while the market ended 1.05 points beneath the 4750 handle. From a round‑number perspective, 4750 featured into the close, and the low came just above the 4730 area. On higher timeframes, the session high left price 62.65 points under the 10‑day high at 4857.67. The H4 RSI (14) read 40.59 into the finish, and the H4 MACD signal line printed 24.9. Structurally, the sequence ran lower into late morning, reversed into mid‑afternoon, and faded back by the bell, leaving the close nearer the session low than the high. The high at 17:31 and the low at 11:53 defined the key turning points for the period between 01:00 and 23:56 server time. Overall positioning by day’s end kept spot below both the opening print and the upper intraday band set by the 4790s, with the 10‑day high remaining out of reach within the prevailing multi‑session context. 

GBPUSD 
GBPUSD advanced over the session, settling at 1.35, up 0.0033 on the day or 0.25%. The pair opened at 1.34 and first marked its intraday low of 1.34 at 10:59, then climbed into the US afternoon to print the high at 1.35 at 17:25 before easing slightly into the close. The day’s range spanned roughly 69 pips, about 0.51% of the open, with the close positioned near the upper end of that range; it finished around 19 pips below the high and about 50 pips above the low. Price action engaged with round numbers through the session: it stayed above the 1.34 handle after the morning dip and stalled below the 1.35 figure on the peak. On the hourly timeframe, the pair ended above the 20-period simple moving average near 1.34, reflecting an intraday recovery from the morning softness. From a higher-timeframe perspective, the daily MACD hovered around the zero line, indicating a muted momentum backdrop at that scale. The late-session high remained just underneath the recent five-day high near 1.35, while the broader five-day floor stood around 1.32. Overall, the sequence featured an early lower print followed by a steady rise into the afternoon and a close nearer the highs, with round-number boundaries framing the day’s extremes and the finish holding above the intraday moving average reference. 

Economic Calendar Recap & Preview 

US inflation data set the tone: CPI accelerated to 3.3 percent year over year, up from 2.4 percent and above the 2.3 percent forecast, while the headline CPI index rose to 330.29 from 327.46 versus 327.82 expected; core CPI increased 0.2 percent month over month, unchanged and matching the 0.2 percent forecast, and the not-seasonally-adjusted core measure rose 0.3 percent month over month, easing from 0.4 percent. Over the next 24 hours, the calendar is empty in server time with no scheduled economic releases or policy decisions, leaving markets to digest the inflation surprise without fresh data catalysts. A higher-than-forecast CPI tends to firm tightening expectations. With no set events to anchor intraday flows, pockets of volatility are possible as positioning adjusts to the latest print.