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Feb 16, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair trades near 1.3630 within a sideways-to-weak range, remaining below a short-term descending trendline. The MACD shows mild improvement but has not confirmed a clear reversal. A break above 1.3680 could push prices toward 1.3720, while a drop below 1.3600 may extend declines.

Overall Bias: Sideways to bearish
 Support: 1.3600 – 1.3550
 Resistance: 1.3680 – 1.3720

 Outlook: Staying below 1.3680 keeps selling pressure intact.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair is trading within a slightly bearish range after failing to hold above a short-term descending trendline. It is currently hovering around 1.1860 with weakening momentum. The MACD remains in negative territory, reflecting ongoing short-term selling pressure. A move above 1.1885 could trigger a corrective rebound, while a break below 1.1835 may accelerate losses.

Overall Bias: Neutral to bearish
 Support: 1.1835 – 1.1800
 Resistance: 1.1885 – 1.1910

 Outlook: A break below support reinforces downside risk, while recovery above 1.1910 may restore temporary bullish momentum.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair remains stable near elevated levels, supported by yield differentials. Momentum indicators lean positive, though the 154.00 level may cap further gains.

Overall Bias: Bullish
 Support: 152.40 – 151.80
 Resistance: 154.00 – 155.20

 Outlook: Holding above 152.40 supports continued upward momentum.

 

- A look at last week report dated Feb 13, 2026.

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