EUR/JPY
EUR/JPY continues to find support at the rising trendline, keeping the pair inside the symmetrical triangle formation. The repeated defense of the trendline suggests that buyers are still active at lower levels. However, the pair remains trapped within the triangle structure, meaning a decisive breakout is needed before a clearer directional move develops. Until a breakout happen, price may continue oscillating within the pattern.
Today’s critical levels to watch:
Support: 183.40, 182.583, 182.00, 180.54, 180.00
Resistance: 185.84
EUR/GBP
EUR/GBP continues to face strong bearish pressure, extending its recent downward movement. The pair has now broken below nearby support and appears set to continue lower toward the 0.8580 – 0.8600 support zone, which marks the next significant demand area. As long as the price remains below the previous support levels, the bearish outlook may remain intact in the near term.
Today’s critical levels to watch:
Support: 0.8600
Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920
GBP/JPY
GBP/JPY has climbed above the upper boundary of the triangle pattern, signaling a potential bullish breakout. If momentum continues to build and the pair manages to hold above the breakout level, the bullish movement could extend further toward higher resistance levels. However, traders may still watch for confirmation through a daily close above the triangle, which would strengthen the bullish scenario.
Today’s Critical level to watch:
Support: 210.00, 208.00, 207.00
Resistance: 211.50, 214.965
GBP/CHF
GBP/CHF continues to trade in a consolidation phase after its recent decline. Despite the sideways movement, the current price action suggests that the pair may form a bullish engulfing pattern, which could signal a potential short-term recovery if confirmed at the daily close. For now, the pair remains in a neutral consolidation structure, with traders waiting for a clearer breakout direction.
Today’s critical levels to watch:
Support: 1.03599
Resistance: 1.0500, 1.0600, 1.0660, 1.0800