Eurusd/gbpusd - page 2248

 
Pound enter consolidation mood while still within negative territory ahead of Article 50 to be triggered, downside seems capped around 1.2130 level, and upside 1.22 is key resistance level.
 
Eur/Usd break above the key resistance zone 1.0700/10 would confirm further upward trend extension.
 
EUR/USD broke out above 1.0680, eventually reaching 1.0713 before bouncing off from it and it will likely retrace back to 1.0650 - 1.0640.
 
EUR/USD found some resistance at 1.0820 and after forming a hanging man candlestick on the four-hour time-frame it started mostly consolidating sideways. The move to the upside towards 1.0850 will likely continue.
 
GBP/USD bounced off from 1.2425 after forming a spinning top candlestick on the one-hour time-frame, the pair will likely continue rising towards 1.2500 again.
 
GBP/USD continues moving to the upside despite the doji candlestick on the daily time-frame at the resistance at 1.2500. The closest target is likely at 1.2550.
 
EUR/USD continues consolidating below the resistance at 1.0820. Unless fundamentals tomorrow cause greater volatility that probably won't change before the market closes.
 
The pair bounced off from 1.2530 after forming a doji candlestick and a shooting star candlestick at that level on the four-hour time-frame, it will likely retrace back to 1.2440 - 1.2430.
 
Eur/Usd broke out of its consolidation range with a nearly 40 pips up gap, it may suggesting the likelihood of upward extension to 1.0870 zone.
 
Gbp/Usd pushed higher towards 1.2530 level in response to Dollar weakness but still within the range, a break above 1.2530 level would lead to 1.2569/70 zone.
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