Oct 01, 2026 / By Shereen Rami / in Technical Analysis
The GBP/USD chart on the hourly time frame:
The pair is showing a cautiously bearish trend, trading near 1.3248 after retreating from the 1.3280 resistance area. The MACD indicates weakening positive momentum, with recent red bars pointing to renewed selling pressure.
Trend: Cautiously bearish.
Support: 1.3200 – 1.3180
Resistance: 1.3280 – 1.3400
Technical Outlook:
A move below 1.3280 may open the way toward 1.3200 and 1.3180, while a break above 1.3400 could support further recovery.
EUR/USD chart on the hourly time frame
The pair is showing a cautiously bearish trend, trading near 1.3248 after retreating from the 1.3280 resistance area. The MACD indicates weakening positive momentum, with recent red bars pointing to renewed selling pressure.
Trend: Cautiously bearish.
Support: 1.3200 – 1.3180
Resistance: 1.3280 – 1.3400
Technical Outlook:
A move below 1.3280 may open the way toward 1.3200 and 1.3180, while a break above 1.3400 could support further recovery.
USDJPY chart on the hourly time frame:
The pair is in a short-term uptrend, rising strongly toward 158.31 after breaking previous resistance levels. The MACD shows a clear improvement in momentum as bearish pressure fades.
Trend: Bullish.
Support: 157.30 – 156.60
Resistance: 158.50 – 159.15
Technical Outlook:
Holding above 157.30 may support further gains toward 158.50 and 159.15, while a break below 156.60 could bring renewed selling pressure.
Oct 26, 2026 by Shereen Rami
Oct 26, 2026 by Shereen Rami
Cookie preferences
