Yesterday both EURUSD and GPBUSD managed to rise. Today the GBPUSD is still going up, but the EURUSD is showing mixed sentiment. From the data front, the CPI in October in the Eurozone will be published. Anyway, let’s move on to the analysis:
The EURUSD managed to rise yesterday. The price finished the session slightly above 1.039. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might rise above 1.043 today. But if the bears take control over the market, the price could drop to 1.035.
The GBPUSD also managed to rise yesterday. The price finished the session slightly above 1.191. Today it is going up even more. If the buyers continue generating firm demand, the price might even reach 1.199 today. But if the bears counterattack, the price could drop to 1.191.