Percentage Price Oscillator

Bitcoin is trading near a crucial support zone as rising global bond yields, firmer crude prices and a stronger US dollar weigh on risk appetite. A break below $76,250 could expose $70,000, while a recovery above $81,365 would challenge the bearish setup.

Bitcoin remained locked in a nearly two month consolidation as traders awaited the July Federal Reserve interest rate decision. Technical traders are watching whether BTC/USD can clear $66,820 after recovering from this month’s low of $57,200.

GBP/USD remains under pressure after softer US consumer confidence and firmer house price data reinforced caution ahead of central bank decisions. Technical traders are watching 1.3150 as the key downside target, while a move back above the 50-day EMA could shift near-term momentum.