**Major Forex Pairs Technical Analysis – August 15, 2025**
*Adapted and expanded from the original analysis by the FXDailyReport.com analyst team. Additional insights and context provided for comprehensive coverage.*
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The forex market continues to experience significant volatility, driven by shifting monetary policy expectations, geopolitical developments, and evolving economic data from major economies. Below is an in-depth technical analysis for the major currency pairs as of August 15, 2025. This article expands upon the initial observations by FXDailyReport.com and incorporates supplementary market intelligence to offer a well-rounded view for traders and investors.
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## EUR/USD
**Overview**
– Recent weeks saw the EUR/USD trading in a narrow range, reflecting both uncertainty in the Eurozone economic outlook and an ongoing assessment of future Federal Reserve policy in the United States.
– The pair recently attempted a break above 1.1000 but faced resistance, consolidating near a key technical zone.
**Technical Analysis**
– **Support Levels:** 1.0900, 1.0850
– **Resistance Levels:** 1.1050, 1.1100
– The daily chart reveals a moderate upward channel, but with momentum indicators such as the Relative Strength Index (RSI) hovering near 50, showing neutrality.
– The 50-period moving average continues to offer dynamic support, while the 200-period remains a longer-term cap.
– A sustained move above 1.1050 could trigger further short-covering toward 1.1100.
**Fundamental Factors**
– Eurozone inflation remains stubbornly above target, which keeps market participants attentive to any hawkish remarks from ECB officials.
– US macroeconomic indicators, particularly labor market and retail sales data, weigh heavily on the near-term trajectory of the pair.
**Outlook**
– Consolidation likely persists in the coming sessions unless either US or Eurozone data surprises decisively.
– A strong break, supported by volume, outside the current consolidation range will likely dictate the directional trend for the next week.
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## GBP/USD
**Overview**
– The pound has been under pressure due to persistent concerns about UK economic growth, compounded by political uncertainty and evolving Bank of England policy signals.
– GBP/USD has declined from recent highs near 1.3200, with sellers stepping in around resistance levels.
**Technical Analysis**
– **Support Levels:** 1.2950, 1.2850
– **Resistance Levels:** 1.3150, 1.3200
– Technical structure on the daily chart indicates a weakening bullish trend, with price action failing to achieve new highs.
– The Moving Average Convergence Divergence (MACD) is flattening, and risk of a bearish crossover increases.
**Fundamental Factors**
– The UK GDP forecast has been trimmed by several international organizations. Ongoing Brexit adjustments continue to challenge economic performance.
– Markets await clarity from the next round of BOE statements for hints of future rate actions.
Read more on AUD/USD trading.