FXEM - EMPIRE MARKETS - Company New Article

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

Apr 04, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The British pound fluctuated around 1.3005, recovering from previous declines. Sustained bullish momentum could push the price towards 1.3050 - 1.3080, while selling pressure may bring it back to 1.2960 - 1.2930.
  • A breakout above 1.3050 may extend gains towards 1.3080.
  • A drop below 1.2960 could trigger further downside towards 1.2930.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.30311
1.30154
1.30063
1.29914
1.29752
1.29665
1.29512
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The euro continues to hold above 1.1000, supported by a weaker dollar. If it remains above 1.0980, it could climb towards 1.1040 - 1.1070, whereas breaking this level may drive the price lower to 1.0950 - 1.0920.
  • Holding above 1.0980 favors further upside towards 1.1040.
  • A break below 1.0950 could intensify selling pressure towards 1.0920.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.10909
1.10656
1.10493
1.10240
1.09980
1.09821
1.09569
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