The US dollar is strengthening due to hawkish comments from Fed officials and upcoming economic data. Commodity currencies (AUD, CAD) are under pressure. Gold is struggling due to rising yields. Bitcoin is finding some support but the overall trend for June remains negative.

British Pound (GBP/USD):

• Traded sideways with a bearish bias.
• Similar breakout potential as EUR/USD based on US data.
• Key support levels: 1.2645, 1.2622
• Key resistance levels: 1.2671, 1.2700, 1.2732

Japanese Yen (USD/JPY):

• Broke above 160, raising concerns of Japanese intervention.
• Bullish bias on the continuation of the uptrend.
• Key support levels: 158.94, 158.01
• Key resistance levels: 160.72, 161.65

Australian Dollar (AUD/USD):

• Rose slightly after Australian CPI data.
• Potential for a rate hike by RBA in August.
• Key support levels: 0.6635, 0.6591
• Key resistance levels: 0.6685, 0.6729

Canadian Dollar (CAD/USD):

• Rangebound trading due to mixed economic data.
• Key factors influencing the pair: US GDP data, PCE Price Index, Fed rate cut expectations.

Gold (XAU/USD):

• Under pressure due to rising US yields and a stronger dollar.
• PCE data on Friday could be a catalyst for a breakout.
• Key support levels: 2300, 2295.15, 2276.40
• Key resistance levels: 2380, 2334, 2350

Bitcoin (BTC/USD):

• Rebounded slightly from weekly lows.
• Spot Bitcoin ETF inflows suggest some buying pressure.
• Still on track for a negative June performance.