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Nov 11, 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 positive, but momentum is starting to weaken, suggesting a possible limited corrective pullback before any new breakout attempt.

A break above the 1.3170 resistance would confirm the temporary bullish shift, while failure would bring pressure back towards 1.3050.

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

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


 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair has been moving within a descending channel since the end of October and recently bounced off the 1.1490 support level to test the upper channel boundary near 1.1560.

The upward momentum is starting to slow, according to the MACD indicator, which remains in positive territory but with declining momentum.

Continued trading below the descending trendline will maintain the bearish outlook, while a break above 1.1580 would confirm the start of a broader upward correction.

  • Overall trend: Neutral with a slight bearish bias
  • Support: 1.1490 – 1.1450
  • Resistance: 1.1580 – 1.1620

Expectation: Continued fluctuations near the upper boundary, and a break below 1.1580 would strengthen the chances of a temporary rise towards 1.1620.
 


 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair is trading near 154.24 after recent attempts to break above $154.80 failed.

The price action is trending weakly as the positive momentum on the MACD indicator wanes and signs of a potential downward correction emerge.

A break below 153.80 could open the way for a wider decline towards 153.20, while a return above 154.80 would restore bullish momentum.

  • Overall Trend: Neutral with a slight downward bias
  • Support: 153.80 – 153.20
  • Resistance: 154.80 – 155.30

Expectation: The bearish bias remains favored unless the pair breaks firmly above 154.80.

 

 

- A look at yesterday report dated Nov 10, 2025.

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