Yesterday the EURUSD showed mixed sentiment and the GBPUSD went down. Today both currency pairs are falling. From the data front, the CPI in the Eurozone will be published. Anyway, let’s move on to the analysis:
EURUSD
The EURUSD showed mixed sentiment yesterday. The price finished the session slightly below 1.018. The volatility was rather low, though. Today it is going down. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and reach 1.013. But if they do, the price might return above the Pivot Point and reach 1.019.
GBPUSD
The GBPUSD went down yesterday. The price finished the session slightly below 1.205. Today it is falling even more. If the buyers don’t generate some serious appetite soon, the price could drop below 1.20. But if they do, the price might return above 1.204.
