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Jun 10, 2025

GBP/USD chart on the hourly time frame

The GBP/USD chart on the hourly time frame

What happened yesterday:

  •  The price temporarily pulled back to test the ascending trendline and rebounded from around 1.3515.
  •  It maintained trading within the rising channel.

Current status:

  •  The price is stable around 1.3539 after a technical rebound.
  •  MACD: Gradually improving but still below zero – potential for a bullish crossover.

Outlook:

  • Holding above 1.3520 keeps the bullish scenario alive toward 1.3570 then 1.3595.
  • A confirmed break below 1.3515 may shift focus back to 1.3470.
EUR/USD Chart on the hourtly time frame

EUR/USD chart on the hourly time frame

What happened yesterday:

  •  The lower boundary of the ascending channel was broken.
  •  The price rebounded temporarily from 1.1370 support but failed to hold above the trendline.

Current status:

  •  The price is trading below the ascending trendline with visible selling pressure.
  •  MACD: Negative and supports continued downside momentum.

Outlook:

  • A break and hold below 1.1370 confirms bearish continuation toward 1.1310.
  • A recovery above 1.1400 with positive momentum could spark another attempt toward 1.1445.
USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

What happened yesterday:

  •  The pair rebounded again from 144.00 support, approaching the upper channel boundary.
  •  It retested 145.00 with limited buying strength.

Current status:

  •  The price is near 144.63 with relative stability.
  •  MACD: Still positive, though momentum has clearly slowed.

Outlook:

  • Holding above 144.40 supports a return to 145.20 then 145.80.
  • A break below 144.00 may open the way for a corrective move toward 143.30.
  •  

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