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Nov 17, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is retreating from its 1.3180 peak after hitting the upper boundary of the ascending channel and is currently trading near the ascending trendline, which remains a key support level at 1.3120. Dollar weakness previously helped the pair rise, but the momentum is clearly losing strength.

The MACD indicator is showing a gradual downward bias, suggesting the possibility of continued downward pressure in the short term.

A break below 1.3120 could push the pair towards 1.3070 and then 1.3020.

Conversely, a return above 1.3180 would restore positive momentum and a test of 1.3225. 

  • General Trend: Neutral
  • Support: 1.3120 – 1.3070 – 1.3020
  • Resistance: 1.3180 – 1.3225

Expectation: A break of the trendline would confirm the start of a downward correction, while holding above it supports a sideways movement with an upward bias.

 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair is retreating from the 1.1655 level after several failed breakout attempts and is currently moving within a short-term downward range.

The momentum on the MACD is strongly bearish, suggesting a continuation of the correction towards 1.1550.
Holding below 1.1600 maintains the downward pressure.

Conversely, a return above 1.1625 would mitigate the decline and push the price back towards 1.1655.

  • General Trend: Neutral with a slight downward bias
  • Support: 1.1550 – 1.1500
  • Resistance: 1.1600 – 1.1625 – 1.1655

Expectation: Continued decline unless the 1.1625 level is broken.
 


 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair is holding above 154.50, supported by a strong dollar and rising bond yields.

Momentum is bullish, but the 155.00–155.20 area represents historically strong resistance.

Holding above 154.50 keeps the outlook positive.

A break below 154.10 could signal the start of a deeper correction towards 153.60.

  • General Trend: Upward
  • Support: 154.50 – 154.10 – 153.60
  • Resistance: 155.00 – 155.20

Expectation: Positive outlook as long as 154.10 is not broken.

 
 

- A look at last week report dated Nov 14, 2025.

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