Will the pound, which has been gaining against the U.S. dollar, extend its gains? Keep an eye on price movements during European trading hours.

Will the pound, which has been gaining against the U.S. dollar, extend its gains? Keep an eye on price movements during European trading hours.

25.11.2025

In yesterday’s U.S. currency trading, the U.S. dollar rose against the yen. The USD/JPY pair rose from 156.272 to 157.177. On the hourly chart, the price moved from below the 20-period moving average (MA) to above it. On the 4-hour chart, the price continues to move along the +2σ line of the Bollinger Bands, while on the daily chart, it has reached the +3σ line. The RSI is hovering around 68.

Among European currencies, the pound rose against the U.S. dollar. The GBP/USD pair climbed from 1.3080 to 1.3117, moving above the 20-period moving average (MA) on the hourly chart. On the 4-hour chart, the pair is currently attempting to break above the 20-period MA, while on the daily chart, the 20-period MA is acting as resistance and capping further gains.We will be watching closely to see if the pound’s momentum continues to build during today’s European trading session.

Today’s economic indicators include Germany’s Q3 GDP at 4:00 PM, the UK’s CBI Retail Trade Survey at 8:00 PM, the U.S. Producer Price Index and U.S. Retail Sales at 10:30 PM,the U.S. S&P/Case-Shiller Home Price Index at 11:00 PM, the U.S. Consumer Confidence Index, Pending Home Sales, the Richmond Fed Manufacturing Index, and U.S. Business Inventories at 12:00 AM, and a U.S. 5-year Treasury auction at 3:00 AM. We should keep an eye on price movements during European trading hours to see if the pound, which has been gaining against the U.S. dollar, will extend its gains.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed