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Mar 11, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD pair is holding near the 1.2926 level as markets await important economic data releases this week. Recent moves reflect mixed expectations around the Fed and BoE monetary policy decisions. Continued positive momentum could push the price towards 1.2980 as a key resistance level, while any selling pressure could take it back towards 1.2850 as a key support.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.29559
1.29439
1.29364
1.29244
1.29123
1.29050
1.28927
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The EUR/USD pair is trading at 1.0899 amid relative stability as markets await European inflation data and Fed decisions. Continued positive momentum could push the price towards 1.0950 as a major resistance level, while 1.0850 represents an important support level that the price could retest in case of escalating selling pressure.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.09413
1.09285
1.09201
1.09073
1.08941
1.08861
1.08729
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