Yesterday the EURUSD showed mixed sentiment and the GBPUSD went down. Today, the EURUSD is falling and the GBPUSD is 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 at 1.14, slightly below the EMA 200. However, it is falling today. If the buyers don’t generate some serious appetite soon, the price could drop significantly below the S1 support level. But if they do, the price might rise above the Pivot Point and the EMA 200.
The GBPUSD went down yesterday. The price finished the session slightly above 1.364. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the EMA 77. But if the bears show their strength once again, the price could drop to 1.36.