On Friday the EURUSD managed to rise a bit and the GBPUSD showed mixed sentiment. Today, both currency pairs are showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD went up a bit on Friday. The price finished the last session of the week a little above the Pivot Point slightly below the EMA 200. Today it is showing mixed sentiment. If the bulls show their strength, the price might rise above the R1 resistance level and reach 1.16 today. But if the bears take control over the market, the price could drop below the Pivot Point.
GBPUSD
The GBPUSD showed mixed sentiment on Friday. The price finished the week a little above 1.349. Today it is still showing mixed sentiment. If the bulls show their strength, the price might rise above the EMA 77 today. But if the bears take control over the market, the price could drop below 1.345.
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