Eurusd/gbpusd - page 2284
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GBP/USD is still stuck in the sideways consolidation between 1.3030 and 1.3320. The fundamentals this week may finally end the consolidation but so far there is no signal that will happen.
GBP/USD is relatively bullish and it may reach the resistance at 1.3320 yet again soon. It is unlikely that it will break out above it before the fundamentals later today though.
EUR/USD looks ready to go at the short term resistance at 1.1870/
EUR/USD looks ready to go at the short term resistance at 1.1870/
It is testing 1.1860 - 1.1870 indeed. A breakout above that level could lead to a further move to the upside towards the next resistance which is around 1.2035.
The EURUSD stays bullihs, it pulled back a little bit, but not much. Its next resistance could be the 1.1900 level, other wise it may just fall back down into the consolidation zone.
EUR/USD broke out above 1.1870 and continues moving to the upside. Next week it will probably rally towards 1.2035.
Eur/Usd enter correction mood after bullish trend, there are still room on the upside, next key resistance level at 1.20.
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend.
EUR/USD found some resistance at 1.1960 and bounced off from it, but that is likely temporary. If the move to the upside continues the pair will probably rally above 1.2000.
The GBPUSD tried to rally some more today, but it loses its bullish momentum and drops inside Friday's trading range. The pair is currently around the 1.3320 level without taking a clear direction.