Yesterday, both EURUSD and GBPUSD dropped a bit. The EURUSD finished the session below the EMA 200 and the GBPUSD ended the day below the EMA 77. Today, the EURUSD is rising and the GBPUSD is showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis:

EURUSD

The EURUSD dropped a bit yesterday. The price finished the session below the Pivot Point and the EMA 200. Today it is showing mixed sentiment. If the buyers take control over the market, the price might even reach 1.22. But if the bears show their strength, the price could fall below the S1 support level.

GBPUSD

The GBPUSD also dropped a bit yesterday. The price finished the session below the EMA 77. However, it is rising today. If the buyers continue generating sufficient demand, the price might even reach 1.42 today. But if the bears counterattack, the price could fall below the EMA 77 once again.