Linear Regression Channel

AUD/USD has climbed since late June, helped by relative Australian dollar strength after an earlier US dollar-led slide. Technical traders are watching whether resistance near 0.7027 and 0.7042 caps the move or a deeper reversal develops toward 0.6364.

GBP/USD is trading within reach of the 1.3500 region, a level market participants are treating as a potential medium-term pivot rather than confirmed resistance. The pair’s bullish channel is showing strain, while US CPI and support around 1.3375 to 1.3350 could decide whether momentum extends or fades.