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Aug 28, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Pattern: Large Symmetrical Triangle

Support: 1.3415 – 1.3445

Resistance: 1.3535 – 1.3550

MACD: Positive momentum increasing

Outlook: Price is approaching the top of the triangle. A break above 1.3550 may trigger a strong bullish continuation. Watch for rejection at resistance.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Pattern: Symmetrical Triangle

Support: 1.1590 – 1.1600

Resistance: 1.1740

MACD: Showing early bullish signs but not confirmed yet

Outlook: Price is consolidating inside the triangle. A break above resistance could lead to a bullish move toward 1.1740+. A breakdown below support may trigger a drop toward 1.1600 or lower.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Pattern: Symmetrical Triangle

Support: 146.55

Resistance: 148.73

MACD: Bearish, indicating possible downside

Outlook: If the price breaks below 147.10, it may drop toward 146.55. A breakout above 148.73 would signal bullish continuation.

 

- A look at yesterday's report dated August 27, 2025.

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