Yesterday both EURUSD and GBPUSD showed mixed sentiment. Today the EURUSD is still showing mixed sentiment, but the GBPUSD is going down. From the data front, the CPI and core CPI in November in the US will be published. Anyway, let’s move on to the analysis:
The EURUSD showed mixed sentiment yesterday. The price finished the session slightly below the Pivot Point, above 1.053. Today it is still showing mixed sentiment. If the buyers take control over the market, the price might rise above 1.056. But if the bears show their strength, the price could drop below the EMA 200 and reach 1.052.
The GBPUSD also showed mixed sentiment yesterday. The price finished the session slightly above the EMA 77 and 1.226. Today, it is going down a bit, though. If the buyers don’t generate some serious appetite soon, the price could drop below 1.223. But if they do, the price might even reach 1.229.