Eurusd/gbpusd - page 2182

 
After the fundamentals yesterday EUR/USD broke below 1.1200 today although it's currently retracing. That said, the move to the downside will likely continue.
 

They are doing the ranging game again

As soon as they get enough suckers on one side, there will be a new break

 
If the pair break below 1.1200 handle, could signal further decline to next target 1.1170/60 zone.
 
csc2009:
If the pair break below 1.1200 handle, could signal further decline to next target 1.1170/60 zone.


It may likely reach even 1.1150, especially considering the doji candlestick on the four-hour time frame.

 
It is stuck at the psychological level. We shall see the next week
 
whisperer:
It is stuck at the psychological level. We shall see the next week
The decline seems limited this week, the pair found support level at 1.1200. But it could be a different story with many economic data coming next week.  
 
csc2009:
The decline seems limited this week, the pair found support level at 1.1200. But it could be a different story with many economic data coming next week.  
Yes, it seems that level 1.12 is a support - for now
 
The GBPUSD stays in a range between the 1.47 and the 1.43 levels, just waiting for it to take a clear direction.
 
whisperer:
Yes, it seems that level 1.12 is a support - for now
Still holding. But just holding ...
 
Bearish on both.
Reason: