Yesterday both EURUSD and GBPUSD went down. However, the EURUSD is rising and the GBPUSD is showing mixed sentiment today. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD went down yesterday. The price finished the session slightly above 0.988. However, it is rising today. The price is already above 0.99. If the buyers continue generating firm demand, the price might reach 0.995 today. But if the bears counterattack, the price could drop below 0.988.
GBPUSD
The GBPUSD also went down yesterday. The price finished the session slightly below 1.132. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 1.14 today. But if the bears counterattack, the price could drop below 1.13.
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