FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Apr 15, 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 continued dollar weakness and improved risk sentiment in global markets. Positive UK economic data has also contributed to growing optimism around the British economy.
If bullish momentum continues, the pound may head toward 1.3285.
 A renewed wave of dollar strength, however, could bring it back near 1.3170.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.32496
1.32414
1.32368
1.32291
1.32210
1.32163
1.32089
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The euro edged higher today, benefiting from a weaker dollar and lower US bond yields. Markets remain attentive to upcoming comments from ECB officials regarding the future of monetary policy.
Should market calm persist, the euro could approach 1.1380.
 Alternatively, any hawkish tone from the ECB may trigger a decline toward 1.1290.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.13925
1.13786
1.13703
1.13567
1.13431
1.13348
1.13210
Previous Post
Technical analysis of some commodities
Next Post
Technical analysis of some commodities
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all