On Friday both EURUSD and GBPUSD showed mixed sentiment. Today both currency pairs are going down, though. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD showed mixed sentiment on Friday. First the price dropped below the S2 support level. Then it managed to rise and finished the last session of the week at the Pivot Point, slightly below 1.018. Today the price is going down once again. If the buyers don’t generate some serious appetite soon, the price could fall below 1.01 and today’s S1. But if they do, the price might return above 1.014 and the Pivot Point.
GBPUSD
The GBPUSD also showed mixed sentiment on Friday. First the price dropped below 1.192. Then it managed to rise and finished the last session of the week above 1.202. Today the price is going down once again. If the buyers don’t generate some serious appetite soon, the price could even fall below 1.192 today. But if they do, the price might return above the EMA 77 and 1.20.
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