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Jul 11, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The price is moving sideways after a clear previous bearish breakout, showing weakness on the upside.

Support: 1.3550, then 1.3520.

Resistance: 1.3590, then 1.3615.

Expectation: The overall trend remains bearish, and if it continues below the nearby resistance, we expect further declines. However, a break of 1.3615 could open the way for an upward correction.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The price is in a downtrend within a descending price channel, with rebounds from previous resistance levels.

Current support: approximately 1.1670 (tested several times).

Nearby resistance: 1.1700, then 1.1730.

Expectation: As long as the price remains below the blue resistance, selling pressure is expected to continue, and we may see a new test of the lower support and possibly a false breakout. A clear break above 1.1730 could signal a short upward correction.

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Bullish, supported by the divergence in monetary policy between the US and Japan.

Nearby Support: 146.40

Resistance: 148.20 then 149.00

Expectation: Continued upward movement is possible provided it maintains stability above 146.40. A break of 148.20 confirms the continuation of the upward trend. A break below 146 could open the door to a correction toward 144.80.

 

- A look at yesterday's report on July 10, 2025.

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