EUR/USD and GBP/USD

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Forex Market News

EUR/USD Intraday: the upside prevails.

Pivot: 1.062

Most Likely Scenario: Long positions above 1.062 with targets @ 1.0785 & 1.083 in extension.

Alternative scenario: Below 1.062 look for further downside with 1.057 & 1.052 as targets.

Comment: The pair stands above its support.

EUR/USD Chart

GBP/USD Intraday: the upside prevails.

Pivot: 1.475

Most Likely Scenario: Long positions above 1.475 with targets @ 1.4885 & 1.493 in extension.

Alternative scenario: Below 1.475 look for further downside with 1.469 & 1.4635 as targets.

Comment: The pair remains on the upside.

GBP/USD Chart

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