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USDJPY Breaks Our Price Target – Analysis – 03-08-2026
The USDJPY pair slipped during its latest intraday trading, breaking below the 157.50 support level, which was the price target highlighted in our previous analysis. This signals increasing selling pressure and continued weakness in the short term.
The decline came amid continued trading below EMA50, coinciding with a break below a major ascending trendline. Meanwhile, the relative strength indicators supports this scenario through continued negative signals, reinforcing the likelihood of further declines and a move toward lower support levels in the near term.
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GBPUSD Maintains Its Recent Gains – Analysis – 03-08-2026
The GBPUSD pair is holding on to strong gains during its latest intraday trading, supported by a short-term bullish wave, while continuing to trade above EMA50, which continues to provide dynamic support and strengthens the chances of further positive movements.
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