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Apr 24, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

🔸 Current Scenario:
 The British pound shows some stabilization after limited declines, supported by improved market sentiment and easing domestic political pressures.

🔹 Outlook:
 Continued trading above 1.3270 may support a corrective move toward 1.3360, while a break below 1.3250 could open the door for a test of 1.3180.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.33109
1.33020
1.32973
1.32885
1.32800
1.32744
1.32661

EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

🔸 Current Scenario:
 The euro remains in a tight range following mixed European data, with no clear upward or downward momentum.

🔹 Outlook:
 Staying above 1.1360 may support a limited move toward 1.1440, while a drop below 1.1340 could renew pressure toward 1.1280.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.13998
1.13885
1.13819
1.13711
1.13598
1.13534
1.13420

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