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Aug 13, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

  • Current resistance: 1.3518 (broken or close to a breakout).
  • Nearby support: 1.3410.
  • MACD: Positive but starting to calm down.
  • Analysis: The pair is in an upward trend and testing the resistance of a descending trend line. A breakout will open the way to 1.3580.

Today's plan: Watch for a break above 1.3518, buy with a stop loss below 1.3470.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

  • General trend: Clearly bullish.
  • Current price: Very close to strong resistance at 1.1695.
  • Clear pattern: Ascending triangle (strong uptrend and resistance test at approximately the same highs).
  • Nearby support: 1.1605 - 1.1610.
  • MACD: Starting to turn bullish, supporting the continuation of the trend.
  • Analysis: As long as the price is above the uptrend and stable above 1.1650, there is a chance to break resistance and target 1.1720 and then 1.1760.

Today's plan: Monitor a break of 1.1695, buy after the breakout with a stop loss below 1.1650.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

  • General trend: Sideways to bearish.
  • Price: At strong resistance between 148.00 and 148.20.
  • Downing trend line: Clear and the price has touched it.
  • Support: 147.15.
  • MACD: Currently negative.
  • Analysis: As long as the price remains below the downtrend, it may retest 147 and then 146.50.

Today's plan: Sell from 148.00 with a small stop loss above 148.30, target 147 and 146.60.
 

 

- A look at yesterday's report dated August 12, 2025.

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