EURUSD traded at 1.1220 right before the
employment report on Friday. It is back at that level and in fact now
breaking to new day highs. The NY session has seen the price extend
above the the London morning high at 1.1177. The buyers remain
in control with potential up to 1.1253 on more of a squeeze.
![](https://c.mql5.com/6/666/1__1.png)
![](https://c.mql5.com/6/666/2__1.png)
GBPUSD has been up and down today. On Friday, the pair
successfully held the 50% of the move up from the April low to the May
high at the 1.5191 level. That, along with the 50% and the 200 bar MA on
the 5 minute chart has the buyers with the edge.
Looking at the daily chart, the GBPUSD found support buyers against the
50% on Friday and bounced (after the stronger US employment report). The
100 day MA (blue line in the chart below) at 1.51706 today, could also
be in play this week if the price should rotate back lower.