Eurusd/gbpusd - page 2287

 

Eur/Usd broke 1.20 level, bullish trend is still very well intact, next target will be 1.2092.

 

Gbp/Usd started the week with a small bearish gap, but soon recovered. Risk remains towards upside, 1.3550 act as strong resistance.

 

Interesting to see what the week brings! I'm still bullish on the Euro.

 

The bullish trend remains intact while correction movements currently in place, Eur/Usd has found resistance around 1.209/1.210 zone.

 

The bearish strength seems limited, even though the pair could not stay above 1.36 level, but there is still room on the upside. The immediate resistance can be found at 1.3615.

 

Exciting week ahead, the move on Friday was massive.

 

Eur/Usd would have a chance to consolidate during US's holiday on Monday while bulls remain strong. There is still room on the upside despite the pair being in overbought territory short-term. My next target is at 1.2220.

 

Pound take advantage of dollar's weakness, remain a strong upward strength. Next target would be at 1.3785 and follow by 1.3800.

 
What Next?
 

Bullish on the Euro, looks like the USD is taken by the bears.