FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Feb 21, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD is trading at 1.2672, maintaining its positive momentum within the ascending channel. Continued stability above these levels may support further gains, while the focus remains on the upcoming economic data that may affect the pair’s direction.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.26232
1.26186
1.26153
1.26108
1.26060
1.26028
1.25981
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

EUR/USD is trading at 1.0497, trying to hold onto recent gains within a limited bullish range. Continued positive momentum could push the price to test higher resistance levels, while any selling pressure could push it back to test nearby support areas. Investors are awaiting US economic data to determine the next direction.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.04447
1.04408
1.04386
1.04348
1.04311
1.04286
1.04249
Previous Post
Technical analysis of some commodities
Next Post
Technical analysis of some commodities
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all