Yesterday both EURUSD and GBPUSD showed mixed sentiment. Today both currency pairs are rising, though. 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 slightly above 1.082, below the Pivot Point. Today it is rising slowly. If the buyers continue generating sufficient demand, the price might reach 1.085 today. But if the bears counterattack, the price could drop to 1.081.
GBPUSD
The GBPUSD also showed mixed sentiment yesterday. The price finished the session slightly below 1.22. Today it is rising, though. If the buyers continue generating sufficient demand, the price might reach 1.224 today. But if the bears counterattack, the price could drop to 1.22 and the EMA 77.
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