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Jun 09, 2025

The GBP/USD chart on the hourly time frame

The GBP/USD chart on the hourly time frame

Achievements since June 6:

  • The price has broken the upper boundary of the triangle.
  • The first target at 1.3560 has been accurately achieved.

Current situation:

  • The price is moving in a narrow range above 1.3560.
  • MACD: Still below zero, but leaning toward a potential positive crossover.
  • Upside momentum has slowed but has not yet reversed.

Expectation:

  • Continued trading above 1.3520 supports the target of 1.3590.
  • A break of 1.3520 weakens the bullish scenario and sends the price back towards 1.3470.
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

Achievements since June 6:

  • The pair has rebounded from the lower boundary of the ascending channel.
  • The first target at 1.1410 has been accurately achieved.

Current situation:

  • The price is moving sideways above 1.1410.
  • MACD: Negative but bullish – Weak downside momentum.
  • The trend within the ascending channel is intact but requires additional support.

Expectation:

  • Stabilization above 1.1370 maintains the target scenario of 1.1445.
  • A break of 1.1370 refocuses on 1.1310.
USD/JPY chart on the hourly time frame

USD/JPY chart on the hourly time frame

Achievements since June 6:

  • The 144.40 level has been breached.
  • The first target of 145.60 has been accurately achieved.

Current situation:

  • The price is stable between 145.40 and 145.70.
  • MACD: Positive momentum is present, but slowly.
  • Important resistance is looming at 146.00.

Forecast:

  • Continued trading above 144.80 supports a rise towards 146.20.
  • A break of 144.80 could push the price to correct towards 143.90.

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