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GBP/USD chart on the hourly time frame

The British pound is trading at 1.2941 as markets await new economic data that could impact the pair's movement. The price is moving within a stable range, attempting to maintain the upward trend.

Important levels:

• Support: 1.2900 – 1.2865
• Resistance: 1.2980 – 1.3020

If the pair succeeds in breaking 1.2980, it could continue its upward movement towards 1.3020, while any break of 1.2900 could push the price further down.

EUR/USD chart on the hourly time frame

The euro is trading at 1.0917 amidst stable markets and investors awaiting any new signals from central banks. The pair remains range-bound, attempting to test important resistance levels.

Important levels:

• Support: 1.0880 – 1.0845
• Resistance: 1.0940 – 1.0980

If the price manages to break 1.0940, we may see further upward momentum towards 1.0980, while a break of 1.0880 could re-introduce selling pressure on the pair.