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Apr 14, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The British pound extended its gains against the US dollar, supported by ongoing dollar weakness and stronger-than-expected UK economic growth data.
If bullish momentum continues, the pair may move toward 1.3235, while fading sentiment could bring it back toward 1.3110.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.32001
1.31899
1.31839
1.31734
1.31632
1.31568
1.31467
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The euro posted slight gains, driven by a weaker dollar and expectations that the ECB will maintain interest rates for an extended period. Stabilizing confidence indicators in the Eurozone support this outlook.
If conditions remain favorable, the euro may test 1.1445, while any negative signals from the ECB could drag it back toward 1.1360.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.14240
1.14118
1.14039
1.13920
1.13798
1.13725
1.13603
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