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Aug 11, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Overall Trend: Strong bullish with previous resistance levels broken.

Resistance: 1.3465 (recent high).

Support: 1.3320.

MACD: Still positive but showing early signs of weakness.

Potential Scenario: Failure to break 1.3465 may trigger a pullback. A confirmed breakout would strengthen the bullish trend.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Overall Trend: Short-term bullish.

Key Resistance: 1.1710 – not yet broken.

Key Support: 1.1545 – clear support from previous lows.

MACD: Showing weakening bullish momentum (fading green bars).

Potential Scenario: May see a pullback if it fails to break 1.1710. A break below 1.1600 could trigger further downside.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Overall Trend: Ranging to bearish, within a descending triangle.

Resistance: 147.80 – not yet broken.

Support: 147.10 – horizontal and sloping support.

MACD: Starting to show positive momentum.

Potential Scenario: Break above the descending trendline may signal bullish reversal. Otherwise, risk of retesting support.
 

 

- A look at yesterday's report dated August 8, 2025.

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