Yesterday the EURUSD showed mixed sentiment and the GBPUSD managed to rise a bit. Today both currency pairs are going up. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD showed mixed sentiment yesterday. The price finished the session a little above 1.054. Today, it is rising, though. If the buyers continue generating sufficient demand, the price might go up above the R1 resistance level and reach 1.058. But if the bears counterattack, the price could drop to 1.053.
GBPUSD
The GBPUSD managed to rise a bit yesterday. The price finished the session slightly below 1.184. Today it is going up even more. If the buyers continue generating firm demand, the price might rise above 1.19. But if the bears counterattack, the price could return below 1.186 today.
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