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Sep 29, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair has broken out of the descending channel, currently trading near 1.3440 after rebounding from 1.3360.

Moving Averages show a bullish crossover, indicating improving momentum.

MACD is in positive territory, supporting further upward movement.


Key Levels:

  • Support: 1.3390 – 1.3320
  • Resistance: 1.3490 – 1.3550

Outlook: Short-term bias remains bullish as long as price holds above 1.3390.

 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The euro has broken above its descending channel and is trading around 1.1730.

Moving Averages are signaling early signs of recovery after prolonged weakness.

MACD has turned positive, confirming a shift in momentum.


Key Levels:

  • Support: 1.1680 – 1.1620
  • Resistance: 1.1780 – 1.1830

 Outlook: Short-term trend is bullish, with further gains likely if price sustains above 1.1720.
 



 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair is pushing higher, nearing 149.00 on strong dollar momentum.

Moving Averages support the bullish trend with price holding above them.

MACD confirms positive momentum.


Key Levels:

  • Support: 148.20 – 147.50
  • Resistance: 149.50 – 150.20

Outlook: Trend remains bullish; a break above 149.50 may open the way to 150.20.

 
 

- A review of last week's report dated September 26, 2025.

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