Yesterday the EURUSD showed mixed sentiment and the GBPUSD went down a bit. Today both currency pairs are showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis:
The EURUSD showed mixed sentiment yesterday. The price finished the session a little above 1.073. Today it is still showing mixed sentiment. If the buyers show their strength, the price might reach the R1 resistance level and 1.076. But if the bears take control over the market, the price could drop below the Pivot Point and reach 1.07.
The GBPUSD went down a bit yesterday. The price finished the session slightly below 1.216. Today it is showing mixed sentiment. If the buyers take control over the market, the price might reach 1.22 today. But if the bears show their strength once again, the price could even drop to 1.21.