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May 21, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The British pound edged higher as the dollar weakened amid anticipation of new economic data from the UK. If the upward momentum continues, we may see a move toward 1.3480, while a slowdown could bring the pair back toward 1.3360 in upcoming sessions.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.34436
1.34381
1.34345
1.34288
1.34234
1.34197
1.34141
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The euro recorded steady gains as inflation in the eurozone shows signs of stabilizing. Sustained momentum may push the price toward 1.1370, while negative data could send it gradually back to 1.1280.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.13524
1.13441
1.13389
1.13315
1.13235
1.1180
1.13102
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