On Friday the EURUSD showed mixed sentiment and the GBPUSD managed to rise a bit. Today both Forex pairs are going up slowly. What can they do next? Let’s try to answer that question in an analysis:

EURUSD

The EURUSD showed mixed sentiment on Friday. The price finished the last session of the week slightly above 1.073. Today it is rising, though. If the buyers continue generating firm demand, the price might rise above the R1 resistance level and reach 1.077 today. But if the bears counterattack, the price could drop to the Pivot Point and 1.073.

EURUSD

GBPUSD

The GBPUSD managed to rise a bit on Friday. The price finished the last session of the week above 1.262. Today it is still going up slowly. If the buyers continue generating sufficient demand, the price might reach 1.267 today. But if the bears counterattack, the price could drop below the EMA 77 and reach 1.26.

GBPUSD