Yesterday the EURUSD showed mixed sentiment and the GBPUSD rose significantly. Today both Forex pairs are 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 1.022. Today it is still showing mixed sentiment. If the buyers take control over the market, the price might reach 1.025 today. But if the bears show their strength, the price could drop to 1.02 and the EMA 200.
The GBPUSD rose significantly yesterday. The price finished the session slightly above 1.204. Today, it is showing mixed sentiment, though. If the buyers show their strength once again, the price might go up above 1.208 today. But if the bears take control over the market, the price could drop below the EMA 77 and reach 1.20.