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For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.3117 on Friday.

On the macro front, the Halifax house price index unexpectedly dropped 1.4% on a monthly basis in September, defying market expectations for an increase of 0.2% and compared to a revised drop of 0.2% in the prior month.

In the Asian session, at GMT0300, the pair is trading at 1.3119, with the GBP trading slightly higher against the USD from Friday's close.

The pair is expected to find support at 1.3037, and a fall through could take it to the next support level of 1.2955. The pair is expected to find its first resistance at 1.3167, and a rise through could take it to the next resistance level of 1.3215.

With no macroeconomic releases in the UK today, investor sentiment would be determined by global macroeconomic news.

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 113.68 on Friday.

On the macro front, Japan's leading economic index rose to a level of 104.4 in August, compared to a level of 103.9 in the previous month. Moreover, the flash coincident index climbed to a level of 117.5 in August, compared to a reading of 116.1 in the prior month.

In the Asian session, at GMT0300, the pair is trading at 113.85, with the USD trading 0.15% higher against the JPY from Friday's close.

The pair is expected to find support at 113.58, and a fall through could take it to the next support level of 113.31. The pair is expected to find its first resistance at 114.10, and a rise through could take it to the next resistance level of 114.35.

Going ahead, traders would look forward to Japan's trade balance (BOP basis) data for August slated to release overnight.

The currency pair is showing convergence with its 20 Hr moving average and trading below its and 50 Hr moving average.

For the 24 hours to 23:00 GMT, the USD rose 0.03% against the CHF and closed at 0.9918 on Friday.

Data showed that Switzerland's consumer price inflation slowed to 1.0% on a yearly basis in September, from a rate of 1.2% posted in the last month.

In the Asian session, at GMT0300, the pair is trading at 0.992, with the USD trading 0.02% higher against the CHF from Friday's close.

The pair is expected to find support at 0.9902, and a fall through could take it to the next support level of 0.9883. The pair is expected to find its first resistance at 0.9947, and a rise through could take it to the next resistance level of 0.9973.

Looking forward, market participants would keep a close watch on Switzerland's unemployment rate for September, due in a few hours.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2947 on Friday.

On the data front, Canada's jobless rate fell to 5.9% in September, in line with market expectations and compared to a rate of 6.0% in the previous month. Additionally, the nation posted a merchandise trade surplus of C$0.5 billion in September, compared to a revised deficit of C$0.2 billion in the prior month.

In the Asian session, at GMT0300, the pair is trading at 1.2966, with the USD trading 0.15% higher against the CAD from Friday's close.

The pair is expected to find support at 1.2916, and a fall through could take it to the next support level of 1.2866. The pair is expected to find its first resistance at 1.2991, and a rise through could take it to the next resistance level of 1.3016.

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 147.83; (P) 148.24; (R1) 148.77; More...

Intraday bias in GBP/JPY remains neutral as consolidation from 149.70 is still in progress. In case of deeper fall, outlook will stay remain bullish as long as 145.67 resistance turned support holds. On the upside, above 149.70 will target 153.84/156.69 resistance zone next. However, break of 145.67 will suggest that the rebound from 139.88 has completed and turn near term outlook bearish again.

In the bigger picture, current development suggests that GBP/JPY has successfully defended 139.29 cluster support (50% retracement of 122.36 to 156.59 at 139.47). And, the rally from 122.36 (2016 low) is still intact. Such medium to long term rise would extend through 156.96 high. This will now be the preferred case as long as 145.67 near term support holds. However, break of 145.67 will turn focus back to 139.29/47 key support zone.

For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7049 on Friday.

LME Copper prices declined 2.0% or $127.5/MT to $6182.5/MT. Aluminium prices fell 4.6% or $103.5/MT to $2140.0/MT.

In the Asian session, at GMT0300, the pair is trading at 0.7050, with the AUD trading marginally higher against the USD from Friday’s close.

In economic news, the ANZ job advertisements slid 0.8% on a monthly basis in September. In the previous month, the ANZ job advertisements had fallen by a revised 0.7%.

Elsewhere, in China, Australia’s largest trading partner, the Caixin/Markit services PMI unexpectedly climbed to a level of 53.1 in September, compared to market expectations for a fall to a level of 51.4. The Caixin/Markit services PMI index had recorded a reading of 51.5 in the prior month.

The pair is expected to find support at 0.7033, and a fall through could take it to the next support level of 0.7016. The pair is expected to find its first resistance at 0.7077, and a rise through could take it to the next resistance level of 0.7104.

Moving ahead, market participants would keep a close watch on Australia’s NAB business confidence index for September, slated to release overnight.

The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.

For the 24 hours to 23:00 GMT, Gold rose 0.27% against the USD and closed at USD1207.4 per ounce on Friday, amid weakness in the greenback.

In the Asian session, at GMT0300, the pair is trading at 1199.60, with gold trading 0.65% lower against the USD from Friday’s close.

The pair is expected to find support at 1195.67, and a fall through could take it to the next support level of 1191.73. The pair is expected to find its first resistance at 1206.67, and a rise through could take it to the next resistance level of 1213.73.

The yellow metal is trading below its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 130.61; (P) 131.01; (R1) 131.43; More....

Intraday bias in EUR/JPY remains mildly on the downside for the moment. The rise from 124.89 might have completed at 133.12 already. Deeper decline would now be seen to 55 day EMA (now at 130.17). Break will target 127.85 support and below. On the upside, break of 131.95 minor resistance will turn bias back to the upside for 133.12 resistance instead.

In the bigger picture, current development suggests that EUR/JPY could have defended key support level of 124.08 key resistance turned support. And, the larger up trend from 109.03 (2016 low) is still in progress. Firm break of 137.49 structural resistance will target 141.04/149.76 resistance zone next. This will now be the preferred case as long as 127.85 near term support holds.

For the 24 hours to 23:00 GMT, Silver rose 0.41% against the USD and closed at USD14.68 per ounce on Friday.

In the Asian session, at GMT0300, the pair is trading at 14.51, with silver trading 1.12% lower against the USD from Friday’s close.

The pair is expected to find support at 14.42, and a fall through could take it to the next support level of 14.33. The pair is expected to find its first resistance at 14.68, and a rise through could take it to the next resistance level of 14.84.

The white metal is trading below with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Crude Oil declined 0.39% against the USD and closed at USD74.35 per barrel on Friday, amid persisting fears over the looming US sanctions on Iran. Meanwhile, Baker Hughes reported that US oil rig count declined by 2 to 861 in the week ended 5 October 2018.

In the Asian session, at GMT0300, the pair is trading at 73.70, with oil trading 0.87% lower against the USD from Friday’s close, amid news that the US was considering granting some waivers on Iran crude sanctions.

The pair is expected to find support at 73.17, and a fall through could take it to the next support level of 72.65. The pair is expected to find its first resistance at 74.72, and a rise through could take it to the next resistance level of 75.75.

Crude oil is trading below its 20 Hr and 50 Hr moving averages.