Yesterday both EURUSD and GBPUSD rose strongly. Today both currency pairs are showing mixed sentiment. From the data front, the CPI in the Eurozone in September will be published. Anyway, let’s move on to the analysis:
EURUSD
The EURUSD rose strongly yesterday. The price finished the session above the R1 resistance level, slightly below 0.982. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 0.98 today. But if the bears take control over the market, the price could drop below 0.977 and the Pivot Point.
GBPUSD
The GBPUSD also rose strongly yesterday. The price finished the session at 1.112. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 1.12 today. But if the bears take control over the market, the price could drop to 1.105.
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