Yesterday the EURUSD managed to rise a bit, but the GBPUSD went down. Today the EURUSD is showing mixed sentiment, but the GBPUSD is rising. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD managed to rise a bit yesterday. The price finished the session slightly below the R1 resistance level, a little above 1.087. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above the Pivot Point and reach 1.09. But if the bears take control over the market, the price could drop below 1.086.
GBPUSD
The GBPUSD went down yesterday, The price finished the session exactly at the EMA 77, slightly below 1.238. However, it is rising today. If the buyers continue generating sufficient demand, the price might even reach 1.242 today. But if the bears counterattack, the price could drop below 1.237.
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