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Jul 04, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

General trend: Upward correction.

Current situation:

  • The price broke the minor downtrend and began to consolidate.
  • The price is around 1.3674 and is facing short-term resistance at 1.3710.
  • The MACD indicator is still negative, but there is a gradual improvement in momentum.

Expectation:

  • Possible upside provided 1.3620 is not broken.
  • Upside targets: 1.3710 – 1.3750.
  • Expected downside if the upside fails: 1.3580.

 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

General trend: Upward, but it is beginning to face clear resistance.

Current situation:

  • Bounced off the uptrend support.
  • The price is around 1.1780 and approaching resistance at 1.1819.
  • The MACD indicator is negative, but it is beginning to show a slowdown in selling momentum.

Expectation:

  • Continued upward movement provided stability is maintained above 1.1750.
  • Upward targets: 1.1815 – 1.1850.
  • Upward reversal: A break of 1.1750 could send the pair back to 1.1700.
USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

General trend: Upward, supported by a strong dollar.

Current situation:

  • The price is breaking previous resistance levels.
  • Systematic movement within an ascending channel.
  • The momentum indicator supports a continued rise.

Expectation:

  • Next targets are 144.80 and then 145.50.
  • Crucial support: 143.60 – 143.00.
 

- A look at the previous report on July 3, 2025.

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