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Aug 20, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

  • Overall Trend: Bullish within an ascending channel.
  • Support: 1.3415 – channel support.
  • Resistance: 1.3590 – key horizontal level.
  • MACD: Bearish momentum fading.
  • Outlook: The price is bouncing off channel support. Holding above 1.3450 may trigger a move toward 1.3540 and 1.3590.

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

  • Overall Trend: Bearish within a descending triangle.
  • Key Support: 1.1620 (recently retested).
  • Resistance: 1.1680 (descending trendline).
  • MACD: Bearish momentum continues.
  • Outlook: A clean break below 1.1620 could open the door to 1.1585, then 1.1530. Holding above it may push a short-term bounce toward 1.1660–1.1680.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

  • Overall Trend: Sideways within a symmetrical triangle.
  • Support: 146.50
  • Resistance: 148.40
  • MACD: Negative momentum is emerging.
  • Outlook: Consolidation continues. A break below 147.30 may lead to 146.80. A break above 147.85 could target 148.30–148.40.
     
 

- A look at yesterday's report dated August 19, 2025.

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