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Aug 14, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

  • Trend: Strong bullish trend.
  • Current Price: Near a new high at 1.3570.
  • Nearest Support: 1.3390.
  • MACD: Still positive but declining slightly, indicating potential consolidation or pullback.

Strategy: Buy on dips toward support, or watch for a bearish MACD divergence for short-term sell.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

  • Pattern: Ascending Triangle.
  • Current Price: At the upper resistance line.

Likely Scenarios:

  • Break above 1.1725 → potential bullish continuation.
  • Break below 1.1670 → invalidates the triangle → drop toward 1.1580.
  • MACD: Weakening bullish momentum — possible pullback.

Strategy: Wait for a confirmed breakout or breakdown.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

  • Trend: Bearish inside a descending triangle.
  • Support: 146.45 — breaking this would confirm further downside.
  • MACD: Clearly bearish.

 Strategy:

  • Break below 146.45 → sell toward 145.50.
  • Nearest resistance: 147.50.
     
 

- A look at yesterday's report dated August 13, 2025.

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