GBP/USD Technical Analysis – H1
GBP/USD has formed a bearish Over&Under reversal pattern on H1, signaling a potential end to the uptrend. Shorts from 1.3530 target the 1.3430–1.3440 support zone, offering a solid 1:4 risk-reward setup.
GBP/USD has formed a bearish Over&Under reversal pattern on H1, signaling a potential end to the uptrend. Shorts from 1.3530 target the 1.3430–1.3440 support zone, offering a solid 1:4 risk-reward setup.
Bitcoin continues to trade within a descending structure. The $63,200 support zone remains the key level that bears must break to confirm further downside momentum.
Bulls are struggling to hold the 1.1520 support zone that currently keeps the structure bullish. A break lower would confirm a shift in momentum toward further declines.
Gold is currently undergoing a corrective pullback after forcing a triple top in the $4,430–4,440 zone. The key support at $4,360 remains the critical level defending the broader bullish structure.
BTC/USD trades near $63,770, continuing to compress within a tight consolidation band. Spot price action remains bound between primary support at $63,400 and overhead technical resistance near $64,200.
Brent Crude trades near $87.25 per barrel, consolidating near recent highs as market participants weigh a massive US domestic inventory buildup against ongoing shipping disruptions in the Middle East.
USD/JPY has staged a local sell-off after forming a double top, echoing past Bank of Japan intervention patterns. The pair now sits at a critical juncture between a fresh push toward 160.000 and further downside to 158.000.
Natural gas has formed an Over&Under reversal pattern near the 2.827 supply zone. The market now faces a clear fork: a sharp move lower to fill the gap at 2.710, or continuation higher toward 3.000.
EUR/USD maintains a bullish structure with higher lows on the H1 chart. Buyers may attempt a push toward 1.1575 from current levels, though the quality of the recent correction leaves room for further consolidation or a deeper test of 1.1520.
Gold continues its strong uptrend on the H1 chart, with a triangle consolidation forming near the highs. A pullback to $4,370 is likely before the next leg higher toward $4,400–$4,460.
BTC/USD trades near $63,600, remaining under pressure as short-term seller capitulation tests near-term demand floors.
Brent Crude trades near $87.79 per barrel, consolidating below recent highs near $88.00 as market participants balance a sharp domestic inventory build against persistent Middle Eastern.
GBP/JPY has completed an upward correction into the strong pivot zone at 215.00–215.30, where substantial supply is expected and a fresh leg lower may begin.
Bitcoin’s decline has paused near $63,750, yet the move does not appear exhausted. Key support at $62,300 sits almost $2,000 below the current price.
GBP/USD continues to respect its medium-term bearish structure of lower highs and lower lows while coiling inside a contracting triangle. With a still-wide range of over 150 pips, the path of least resistance remains lower, targeting 1.3350.