Eurusd/gbpusd - page 2262

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The EUR/USD sideways consolidation above 1.1200 is getting tighter and tighter and it will likely end after the FOMC statement expected later today.

 
EUR/USD appears stuck at 1.12 anticipating the interest rate decision. I think the USD will depreciate.
 

EUR/USD finally broke out below 1.1200 today. The pair is still very bearish and a breakout below 1.1150 could lead to a further move to the downside towards 1.1060, which is the (MA)89 on the weekly time-frame.

 

Gbp/Usd has a small gap down in H4 chart ahead of Brexit negotiation.

 

Eur/Usd is trading in a tight range ahead of Brexit negotiation. Support level can be found around 1.1160/50 zone and on the upside resistance level can be found at 1.1220.

 
EUR/USD is moving to the downside again after it bounced off from 1.1140 on Friday. The pair will likely test the aforementioned support level once again.
 
GBP/USD is consolidating above the support at 1.2760. A breakout below that level will likely lead to a further move to the downside towards the previous low at 1.2690.
 
Not only did GBP/USD reach 1.2960, but it broke out below that support and continued moving to the downside, reaching 1.2641. A breakout below that level and below 1.2634 could indicate a further move to the downside towards 1.2500.
 
EUR/USD continues consolidating around 1.1140, but it has also become very visibly bearish. There will likely be a move to the downside towards 1.1100.
 

GBP/USD bounced off from 1.2590, but considering the doji candlestick and the shooting star candlestck that it has formed on the four-hour time-frame at 1.2680 it may test the aforementioned support at 1.2590 once again.

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