Yesterday both EURUSD and GBPUSD managed to rise. Today the EURUSD is showing mixed sentiment and the GBPUSD is going down, though. What can they do next? Let’s try to answer that question in an analysis:
The EURUSD managed to rise yesterday. The price finished the session a little above 1.062. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 1.064 today. But if the bears take control over the market, the price could drop below the EMA 200 and reach 1.06.
The GBPUSD also managed to rise yesterday. The price finished the session a little above 1.218. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop to 1.21 today. But if they do, the price might even reach 1.22.