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Sep 23, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

  • The pair bounced from a strong support around 1.3480 after a sharp decline.
  • Resistance levels: 1.3520 – 1.3560
  • Support levels: 1.3480 – 1.3440
  • Momentum indicators, including the MACD, are showing early signs of recovery.

Outlook: Short-term rebound toward 1.3560 is possible, but unless the pair clears this resistance, the broader bearish pressure remains intact with downside risks back toward 1.3480 or lower.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

  • The pair is consolidating inside a symmetrical triangle pattern formed by a descending resistance line and an ascending support line.
  • Resistance levels: 1.1820 – 1.1840
  • Support levels: 1.1760 – 1.1730
  • The MACD shows mild bullish momentum, but signals remain weak.

Outlook: Sideways trading is likely until a breakout occurs. A move above 1.1840 could open the way toward 1.1910, while a break below 1.1730 may trigger a decline toward 1.1690.
 


 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

  • The pair remains in a steady uptrend, approaching major resistance at 148.20 – 148.50.
  • Immediate support sits at 147.20, followed by 146.70.
  • Momentum indicators remain positive, favoring a continuation higher if 148.50 is breached.

Outlook: The broader trend stays bullish, with potential to target 149.20 if resistance breaks.

 

 

- A review of yesterday's report dated September 22, 2025.

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