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Jul 24, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Current situation: The price is in an ascending channel and testing a sloping resistance line.

Expectation: A break of the resistance could push the pair towards the 1.3620 levels, while a break of the support at 1.3480 could return the pair to the 1.3430 area.

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Current situation: The price is approaching a clear upper resistance level within an ascending channel.

Expectation: If the resistance is broken, we may see a continued upward trend. If it fails, a correction towards the support levels at 1.1710 - 1.1680 is possible.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Current situation: A downtrend and a test of the important support area at 146.00.

Prediction: A break of 146.00 opens the way to 145.60 and then 145.20. A price rebound could lead to a correction to 146.70.
 

- A look at Friday report on July 23, 2025.

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