Chart the Market (20/08/2025)
  • Market Insights   >   Chart The Market

Chart the Market (20/08/2025)

Published: 20 August 2025,05:48

Published: 20 August 2025,05:48

Chart The Market

Tags:

Share on:
FacebookLinkedInTwitterShare

GBPUSD, H4: 

The GBPUSD has lost steam after its recent rally stalled at the 1.3585 high, with price action now shifting into a lower-high, lower-low formation that signals a bearish tilt. The pair is edging toward the critical 1.3420 support level, where a decisive break lower would mark a clear departure from its previous bullish trajectory and reinforce the downside outlook.

Momentum indicators confirm the shift in sentiment. The RSI continues to trend lower after slipping out of overbought territory, while the MACD has crossed below the zero line, both underscoring growing bearish momentum.

Resistance Levels:1.3535, 1.3650 

Support Levels: 1.3420, 1.3290

BTC,  H4

Bitcoin has carved out an “M” pattern after forming a double-top near the $123,000 level, with prices retreating almost 10% from recent highs. The crypto now hovers around the $112,000 support zone, where a failure to hold could trigger a stronger bearish leg lower.

Technical signals highlight mounting downside risks. The RSI has been sliding and is on the verge of entering oversold territory, while the MACD has crossed below the zero line and continues to trend downward—both suggesting that bearish momentum is firmly in control.

Resistance Levels: 115,225.00, 118,240.00

Support Levels: 112,000.00, 108,700.00

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Important Notice to Visitors

Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.

By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.

Important Notice

Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.

This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.

We appreciate your understanding and cooperation.

If you believe this restriction has been applied in error, please contact our support team for further assistance.

Important Notice:

Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.

Important Notice:

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Aviso importante:

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.