On Friday, both EURUSD and GBPUSD rose significantly. Today, both currency pairs are showing mixed sentiment, though. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD managed to rise on Friday. The price finished the last session of the week significantly above the Pivot Point, a little below 1.16. Today, it is showing mixed sentiment. If the buyers take control over the market, the price might even reach the R2 resistance level today. But if the bears show their strength, the price could drop to the S1 support level.
GBPUSD
The GBPUSD rose strongly on Friday. The price finished the week at 1.355. Today, it is showing mixed sentiment. If the buyers take control over the market, the price might even reach 1.36 today. But if the bears show their strength, the price could drop below the EMA 77.
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