Yesterday the EURUSD went down, but the GBPUSD showed mixed sentiment. Today both currency pairs are rising, though. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD went down yesterday. The price finished the session slightly below 1.062. However, it is rising today. If the buyers continue generating firm demand, the price might go up above 1.065. But if the bears counterattack, the price could drop below 1.063 and reach the EMA 200.
GBPUSD
The GBPUSD showed mixed sentiment yesterday. The price finished the session slightly above 1.201. Today, it is rising, though. If the buyers continue generating firm demand, the price might go up above 1.206. But if the bears counterattack, the price could return below 1.202.
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