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Nov 10, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is recovering from the 1.2960 low and is currently trading near the upper boundary of the descending channel due to a temporary improvement in risk appetite as the dollar weakens.

The MACD indicator remains in positive territory, but momentum is slowing. A break above 1.3170 could open the door to a test of 1.3220.

  • Overall trend: Neutral with a slight upward bias
  • Support: 1.3070 – 1.3010
  • Resistance: 1.3170 – 1.3220

Expectation: A break above resistance will confirm the temporary bullish shift, while failure will bring renewed pressure towards 1.3050.
 


 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair managed to temporarily break the descending channel due to a slight decline in US Treasury yields and strong technical support from previous lows, but it faces resistance at 1.1580.

The MACD indicator remains positive but is showing signs of weakening momentum. 

  • General Trend: Temporarily upward within a technical correction
  • Support: 1.1510 – 1.1470
  • Resistance: 1.1580 – 1.1620

Expectation: As long as it remains above 1.1510, the trend is bullish towards 1.1620. A break below this level could resume the downward trend.
 


 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair is moving within a narrow range after a strong rally last week, driven by the continued divergence in monetary policy between the Federal Reserve and the Bank of Japan.

Momentum indicators suggest overbought conditions, with a potential downward correction towards 153.20.

  • Overall Trend: Bullish in the Medium Term
  • Support: 153.20 – 152.60
  • Resistance: 154.50 – 155.00

Expectation: A corrective pullback is possible, but the overall trend remains positive as long as it stays above 152.60.

 
 

- A look at last week report dated Nov 7, 2025.

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