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Feb 17, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is trading near the lower boundary of a symmetrical triangle pattern, with increasing selling pressure below 1.3620. Momentum is turning negative as the MACD drifts toward the downside.

A break below 1.3580 could accelerate losses toward 1.3530, while a move above 1.3660 would temporarily restore balance.

Overall Trend: Neutral to bearish
 Support: 1.3580 – 1.3530
 Resistance: 1.3660 – 1.3720

 Outlook: A downside break favors further weakness, while recovery above 1.3660 would delay the bearish scenario.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair continues to trade within a descending channel on the hourly timeframe, currently approaching a key support area near 1.1835 after forming consecutive lower highs and lower lows.

Moving averages remain negatively aligned, while the MACD is in negative territory with slightly easing bearish momentum.

A clear break below 1.1835 could open the way toward 1.1800, while a move above 1.1865 is needed to signal a temporary recovery.

Overall Trend: Bearish
 Support: 1.1835 – 1.1800
 Resistance: 1.1865 – 1.1890

 Outlook: Holding below 1.1865 keeps downside pressure intact, and a break of support would reinforce further declines.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair remains near elevated highs, supported by yield differentials, holding above 152.50. Momentum remains positive, and a break above 153.50 could extend gains toward 154.30.

Only a move below 151.80 would shift the short-term outlook.

Overall Trend: Bullish
Support: 152.50 – 151.80
Resistance: 153.50 – 154.30

Outlook: Holding above 152.50 supports continuation of the uptrend.

 

- A look at yesterday report dated Feb 16, 2026.

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