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Aug 29, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Trend: Consolidating inside a symmetrical triangle.

Support: 1.3410.

Resistance: 1.3540.

Outlook: Price is near the center of the triangle. Wait for a clear breakout (up or down) before taking a position.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Trend: Bullish rebound from strong support.

Pattern: Descending triangle + bullish divergence on MACD.

Resistance levels: 1.1690 – 1.1740 (upper trendline and red zone).

Support levels: 1.1580 – 1.1600.

Outlook: Potential upside to test 1.1690 area. A breakout above that could open the door for further gains.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Trend: Trading within a symmetrical triangle.

Support: 146.85.

Resistance: 148.10.

Outlook: MACD is showing bearish momentum. Break below support could push price to 146.50. Break above resistance revives the uptrend.

 

- A look at yesterday's report dated August 28, 2025.

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