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Feb 18, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD price has been hovering around 1.2605 since yesterday, waiting to surpass this level to confirm the continuation of the bullish trend, noting that the next targets start at 1.2675 and extend to 1.2765.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.26172
1.26101
1.26059
1.25987
1.25918
1.25874
1.25806
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

EUR/USD is trading at 1.0462, trying to stay above 1.0455, which is an important support. The price is moving within a stable range after previous attempts to rise, as investors await any economic developments that may affect the upcoming trend.

Stability above 1.0455 may push the price towards 1.0500 and then 1.0530 levels, while breaking this support may enhance the decline towards 1.0400. The current movement reflects a state of caution in the markets awaiting new catalysts that will push the pair in a clear direction.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.04714
1.04680
1.04660
1.04629
1.04595
1.04577
1.04542
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