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Feb 27, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD continues to move near the 1.2670 level, as it tries to maintain its positive momentum amid markets awaiting US economic data and monetary developments. Stabilizing the price above this level may support further rise towards 1.2700, while breaking the support at 1.2630 may restore selling pressures and push it to test lower levels.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.26850
1.26793
1.26762
1.26709
1.26655
1.26621
1.26569
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The EUR is trading near the 1.0476 level amid markets awaiting upcoming economic data. Holding above this level may reinforce the bullish trend towards 1.0500, while breaking the support at 1.0450 may increase selling pressures and push the price towards lower levels.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.04866
1.04826
1.04802
1.04764
1.04726
1.04703
1.04662
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