Forex News Daily Analysis By FXGlory

[FXGlory Ltd]

GBPUSD Technical and Fundamental Analysis for 08.21.2025





Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis
The GBPUSD currency pair is anticipating significant volatility due to today's scheduled economic events. For GBP, investors will closely monitor the public sector net borrowing data from the Office for National Statistics, which will indicate fiscal stability. Furthermore, the manufacturing and services PMI figures from S&P Global and the CBI Industrial Trends Survey are critical for assessing the UK's economic outlook. For the USD, traders will focus on Federal Reserve Bank of Atlanta President Raphael Bostic's speech and key economic indicators such as Initial Jobless Claims, Manufacturing and Services PMI, Philadelphia Fed Manufacturing Index, and Existing Home Sales. These events collectively could induce notable volatility in GBPUSD, guiding future monetary policy expectations.


Price Action
Analyzing GBPUSD in the H4 timeframe reveals a persistent bullish trend since 2022. Recently, the price successfully breached the resistance line of the most recent correction and is currently testing a significant support zone around 1.34568. The price action indicates potential bullish momentum towards the recent high at 1.37600. The proximity of RSI to oversold levels (near 30) further supports expectations for a reversal and continuation of the bullish trend.


Key Technical Indicators
RSI (14): Currently at 36.39, RSI is approaching oversold territory, suggesting that GBPUSD may soon experience a bullish reversal. Traders should be prepared for potential buying opportunities as the RSI crosses upward from the 30 level.
MACD: The MACD is currently showing readings of -0.001429 and -0.000760. Although still negative, the narrowing gap between the MACD line and the signal line suggests weakening bearish momentum, setting the stage for a potential bullish crossover.
Stochastic Oscillator: Stochastic values at 17.72 and 31.81 indicate the currency pair is significantly oversold. Such conditions typically precede a bullish reversal, highlighting favorable conditions for GBPUSD longs.


Support and Resistance Levels
Support: Immediate strong support is observed at the current price level of approximately 1.34568. Below this, the next critical support lies around the 1.34100 zone.
Resistance: The nearest resistance levels are found at 1.35820, followed by the significant psychological barrier at 1.37600, representing the recent major high.


Conclusion and Consideration
The technical analysis of GBPUSD in the H4 timeframe indicates favorable conditions for a bullish reversal from the current support zone. Key technical indicators like RSI, MACD, and Stochastics reinforce the bullish outlook, especially as price nears oversold conditions. However, traders must remain cautious given the potential market volatility from today's key economic data releases affecting both GBP and USD. It's advisable to await confirmed bullish signals before committing to long positions.


Disclaimer: The analysis provided for GBP/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on GBPUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
08.21.2025

 

[FXGlory Ltd]

GOLDUSD H4 Technical and Fundamental Analysis for 08.22.2025

Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The gold market is currently influenced by ongoing USD strength expectations, driven by scheduled speeches from key Federal Reserve officials including Jerome Powell, Susan Collins, and Beth Hammack. Hawkish statements on monetary policy and economic outlook from these FOMC members could support USD appreciation, placing downward pressure on gold prices in the short term. Moreover, global inflation concerns and safe-haven demand for gold continue to influence the XAU/USD market, making it sensitive to both USD fluctuations and geopolitical risks. Traders should closely monitor these speeches for indications of interest rate changes that may impact gold’s price action on H4 and daily charts.


Price Action:
On the H4 chart, gold is showing a short-term bearish trend after testing the upper Bollinger Band and the 50% Fibonacci retracement level, which acted as strong resistance. The price has since moved toward the middle Bollinger Band and the 38.2% Fibonacci retracement level, indicating consolidation within the current range. The market is forming a symmetrical triangle pattern, with higher lows and lower highs, suggesting that a breakout from these trendlines could define the next directional move. Currently, gold is reacting to established support and resistance levels, and traders should observe whether the upper or lower trendline breaks.


Key Technical Indicators:
Bollinger Bands: Gold’s price recently reached the upper Bollinger Band and retraced toward the middle band, signaling short-term bearish momentum. The bands are moderately wide, indicating average volatility in the H4 timeframe. The price respecting both the upper and middle bands confirms the relevance of these levels in guiding intraday trades.
MACD (Moving Average Convergence Divergence): The MACD line is at -0.673 and the signal line at -2.501, indicating bearish momentum in the short term. The histogram suggests a slight recovery but the overall trend remains negative, supporting a cautious approach for potential short trades.
RSI (Relative Strength Index): The RSI is currently at 49.87, moving horizontally near the neutral zone. This indicates neither overbought nor oversold conditions, suggesting the market is consolidating and could respond sharply once a breakout from the triangle pattern occurs.


Support and Resistance
Support: Immediate support is near 3333.00, aligning with the 38.2% Fibonacci retracement level, with secondary support around 3330.00, marking a key area of prior consolidation.
Resistance: The nearest resistance zone is between 3350.00 and 3355.00, coinciding with the 50% Fibonacci retracement level and the upper Bollinger Band, providing strong potential selling pressure.


Conclusion and Consideration:
Gold on the H4 chart is currently in a consolidation phase within a symmetrical triangle pattern. Short-term bearish momentum is observed, supported by the retracement from the upper Bollinger Band and MACD readings. Traders should watch key trendline breaks and upcoming USD-related news for directional confirmation. A break above 3355 could signal bullish momentum, while a drop below 3320 could accelerate the bearish trend. Market participants must remain cautious given the high volatility potential from upcoming speeches by Federal Reserve officials.


Disclaimer: The analysis provided for GOLD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on GOLDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
08.22.2025