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Jun 04, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

General trend: Current behavior shows movement within a symmetrical triangle.

Possible scenarios:

  • Break the upper line: This could open the way towards 1.3560 and then 1.3590.
  • Break down: A break of the lower uptrend will push the price towards 1.3470 and then 1.3415.

The MACD indicator remains weak below zero, indicating a possible continuation of the decline in the short term.


EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

General trend: An ascending channel has extended since May 28, but the price has begun to correct.

Possible scenarios:

  • Bounce from the lower channel support: This could take the price back towards 1.1410 and then 1.1445.
  • Bear break: If the uptrend is broken, we could see a decline to 1.1310 and then 1.1275.

Technical indicators: The MACD is negative, supporting the possibility of a temporary decline.

USD/JPY chart on the hourly time frame

USD/JPY chart on the hourly time frame

General Trend: Consolidation within a symmetrical triangle.

Possible Scenarios:

  • Upward Break of 144.40: The pair may test the resistance at 145.60 and then 146.20.
  • Downward Break of 143.00: Opens the door for further decline towards 142.00 and then 141.50.

Technical Indicators:

MACD: Positive momentum is improving, enhancing the possibility of an upward breakout of the triangle.


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