Oct 08, 2026 / By Shereen Rami / in Technical Analysis
The GBP/USD chart on the hourly time frame:
The pair is moving sideways with a cautious bullish bias after pulling back from recent resistance, while price remains near the moving averages and the MACD shows easing positive momentum.
Trend: Sideways with a cautious bullish bias.
Support: 1.3205 – 1.3180
Resistance: 1.3290 – 1.3320
Technical outlook:
Holding above 1.3205 may support a recovery toward 1.3290 and 1.3320, while a break below 1.3205 could push the pair toward 1.3180.
EUR/USD chart on the hourly time frame:
The pair remains under short-term bearish pressure, with price moving below the moving averages and renewed selling pressure, while the MACD shows weakening upside momentum.
Trend: Cautiously bearish.
Support: 1.1200 – 1.1180
Resistance: 1.1250 – 1.1280
Technical outlook:
A break below 1.1200 could open the way toward 1.1180, while a break above 1.1250 may support a recovery toward 1.1280.
USDJPY chart on the hourly time frame:
The pair maintains a cautious bullish trend, with price holding above the moving averages and positive MACD momentum, despite consolidating near resistance.
Trend: Cautiously bullish.
Support: 157.90 – 157.50
Resistance: 158.30 – 158.60
Technical outlook:
A break above 158.60 could support further gains toward 159.00, while a break below 158.00 may trigger a pullback toward 157.50.
Oct 26, 2026 by Shereen Rami
Oct 26, 2026 by Shereen Rami
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