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Technical analysis of some currency pairs:

Technical Analysis Report (April 2, 2026):

GBPUSD chart on the hourly timeframe

The pair is showing a clear recovery after bouncing off the 1.2960 area and is currently trading near 1.3210, supported by a weaker dollar and improved risk appetite.

Momentum remains positive but is beginning to slow, which could indicate a limited corrective move before the upward trend resumes.

Overall trend: Neutral with a slight upward bias

• Support: 1.3120 – 1.3070
• Resistance: 1.3220 – 1.3280

Expectation: A break above 1.3220 would reinforce the upward move, while a failure could push the price back down to 1.3100

EURUSD chart on the hourly timeframe

The pair is trading near 1.1520 after a strong upward surge, with the current movement showing relative stability. Positive momentum continues, albeit at a slower pace, suggesting a possible minor correction before the trend resumes.

Overall trend: Upward

• Support: 1.1470 – 1.1420
• Resistance: 1.1550 – 1.1600

Expectation: Holding above 1.1470 supports continued upward movement.

USDJPY chart on the hourly timeframe

The pair continues its upward trend near 159.30, supported by the yield spread between the currencies. Momentum remains strong with buyers clearly in control.

Overall Trend: Bullish

• Support: 158.20 – 157.00
• Resistance: 160.50 – 162.00

Expectation: Continued upward movement unless support is broken