The British pound continues to move near the 1.2652 level, trying to maintain its stability as markets await upcoming economic data. Positive momentum remains limited, while any new developments in the Bank of England’s monetary policy or inflation data could influence the currency’s future direction.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
1.26756
1.26669
1.26614
1.26528
1.26440
1.26384
1.26298
EUR/USD chart on the hourly time frame
The euro is trading near 1.0503, trying to maintain its stability as markets await any signals from the European Central Bank regarding monetary policy. Movements remain limited, while upcoming economic data could influence the currency’s path in the coming sessions.
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