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Jan 08, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair continues to trade near the lower boundary of the ascending channel after limited rebound attempts, with slight weakness in the MACD positive momentum, suggesting a short-term corrective bias. A break below 1.3420 may open the way for further downside, while a recovery above 1.3520 could support a limited corrective rebound.

Overall Trend: Neutral to Bearish
Support: 1.3420 – 1.3380
Resistance: 1.3520 – 1.3560

 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair moves sideways within a neutral range, showing weak buying momentum, with MACD in negative territory. A break below 1.1650 may push the pair toward 1.1620, while a rebound above 1.1745 could support a temporary recovery attempt.

Overall Trend: Neutral
Support: 1.1650 – 1.1620
Resistance: 1.1745 – 1.1770

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair maintains a strong uptrend supported by dollar strength, though overbought signals suggest a possible short-term correction. A decline below 156.00 may indicate a technical pullback, while staying above 157.30 supports the continuation of the uptrend.

Overall Trend: Bullish
Support: 156.00 – 155.40
Resistance: 157.30 – 158.00

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