Currency Technical Analysis | GBP/USD, EUR/USD & USD/JPY

Technical analysis of some currency pairs:

Technical Analysis Report (October 2, 2026):


 

The GBP/USD chart on the hourly time frame:
GBP/USD is trading in a cautious bearish trend near 1.3212, holding above a key support zone, while MACD indicates easing selling pressure.

Trend: Cautious bearish.
Support: 1.3200 – 1.3180
Resistance: 1.3275 – 1.3310

Technical Outlook:
Holding above 1.3200 may support a limited rebound, while a break below 1.3180 could renew downside pressure.



EUR/USD chart on the hourly time frame:

EUR/USD remains in a downtrend, trading near 1.1253 after breaking key support levels. The MACD still reflects bearish momentum despite a limited rebound attempt.

Trend: Bearish.
Support: 1.1230 – 1.1200
Resistance: 1.1375 – 1.1415

Technical Outlook:
Holding below 1.1375 keeps downside pressure toward 1.1230 and 1.1200, while a break above 1.1415 may support a recovery.




USDJPY chart on the hourly time frame:

USD/JPY remains in a cautious uptrend, trading near 157.69, although MACD shows fading bullish momentum.
Trend: Cautiously bullish.
Support: 157.30 – 156.35
Resistance: 158.20 – 159.10

Technical Outlook:
Holding above 157.30 supports a move toward 158.20, while a break below 156.35 could increase downside pressure.