Yesterday both EURUSD and GBPUSD went down. Today the EURUSD is showing mixed sentiment and the GBPUSD is rising. From the data front, the ADP nonfarm employment change in June in the US will be published. Anyway, let’s move on to the analysis:
The EURUSD dropped significantly yesterday. The price finished the session at the S1 support level, a little above 1.018. Today it is showing mixed sentiment. If the bulls take control over the market, the price might rise above the Pivot Point and 1.02. But if the bears show their strength once again, the price could go down below 1.015.
The GBPUSD dropped a bit yesterday. The price finished the session slightly above 1.191. However, it is rising today. If the buyers continue generating sufficient demand, the price might go up above 1.198 today. But if the bears counterattack, the price could fall below 1.19.