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For the GBP/USD pair, the initial support is at 1.2850, followed by additional support levels at 1.2820 and 1.2760.
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The USD/JPY pair began the day with notable activity during the Asian session.
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Before the release of the US PCE data, the EUR/USD pair began the day on an upward trend.
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Gold climbed to around $2,375 per ounce on Friday, recovering from a more than 1% drop in the previous session with better US economic data, and awaited the PCE inflation report later today.
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For GBP/USD, the initial support lies at 1.2860, followed by 1.2820 and 1.2760 below.
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Gold started the day with a descendent momentum of nearly 30 USD per ounce, with the first resistance level at 2,384.
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The Japanese yen continues to strengthen on expectations of interest rate hikes and reduced bond purchases by the Bank of Japan.
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The direction of the pair, starting the Asian session flat today, will be influenced by the growth data that will be released in the US later.
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Investors focus on preliminary Q2 GDP figures, expected to show 2% growth and the June PCE price index.
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