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Oct 07, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Current situation: The price is around 1.3464 inside a symmetrical triangle on the H1 timeframe.
 

Technical indicators:

  • MACD is neutral and bearish.
  • The moving averages' crossover supports relative stability.

Reasons: The market is awaiting clarity on UK and US monetary policy.

Expectation: A break above 1.3500 could trigger further gains, while a break above 1.3410 could trigger further declines.
 


 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Current situation: The pair is trading near 1.1692 after rebounding from a key support level at 1.1668.
Technical indicators:

  • The short-term moving averages are still pressuring the downside.
  • MACD is showing negative momentum but is starting to slow down.

Reasons: Pressure is coming from a strong dollar amidst expectations for influential US data.

Expectation: Continued consolidation between 1.1665 and 1.1740, with a break of either level determining the next direction.

 



 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Current situation: Stabilization at historically high levels.
Technical indicators:

  • MACD is positive but in overbought territory.
  • The moving averages support the upside.

Reasons: The significant divergence in monetary policy between the US Federal Reserve and the Bank of Japan.

Expectation: Strong resistance at 151.00; a break above it could open the way to 152.20, while support is at 149.70.


 
 

- A look at yesterday's report dated October 6, 2025.

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