Eurusd/gbpusd - page 2247

[csc2009]

Pound remains under 1.2300 level showing no clear directional strength, but risk is still on the downside, next support level lies around 1.22.

[Victoria Jensen]

EUR/USD will likely start moving to the downside again, especially if it breaks out below 1.0585, which is the (MA)89 indicator on the four-hour time-frame - it has formed several spinning top candlesticks on the same time-frame below the resistance at 1.0640.

[csc2009]

Gbp/Usd appears to continue heading north, break below 1.2200 level. Bearish momentum is strong, further decline might lead to 1.21 level.

[Victoria Jensen]

GBP/USD is testing the support at 1.2185 and the pair is quite bearish, but a short retracement is possible because there is an inverted hammer candlestick as well as a doji candlestick on the one-hour time-frame above the aforementioned support.

[Victoria Jensen]

EUR/USD has been moving to the downside ever since it broke out below the support at 1.0585. Next target is likely the previous low at 1.0494.

[csc2009]

Gbp/Usd remains bearish, 1.2150 is the key support level, break below could lead to further decline towards 1.2100.

[Alexander Londono]

The EURUSD is still consolidating on the daily chart. During the last few days it has been dropping, but there is still a good support level at the 1.0493 level. The pair may be waiting for Mario Draghi to speak and for the US jobs report on Friday to take a more clear direction.

[Victoria Jensen]

GBP/USD bounced off from 1.2140 after forming a double bottom at that level and it will likely continue moving to the upside for now, especially if it breaks out above 1.2200.

[Ari Goldman]

Less than an hour to go before the NFP and Jobs data is released. My guess is lower than expected and a depreciation in the US dollar.

[Victoria Jensen]

The fundamentals today pushed EUR/USD to the upside. The pair will likely reach at least 1.0680, which is the (MA)89 indicator on the daily time-frame.