Eurusd/gbpusd - page 2290

 
Eur/Usd starts the week with a small gap up, the gap is not yet recovered.
 
The Euro lost some gains since yesterday. I think the USD will continue to dominate.
 
Interesting week ahead for the Dollar. Important US data coming out.
 
The pair seems have lost its bullish momentum, upside limited to 1.2335, Eur/USD continue to lack of directional strength. Immediate support can be found around 1.2260.
 
Gbp/Usd continue its sideway trading, stuck between 1.3840 to 1.4000 range. I expect the pair would continue to consolidate before FED and BOE monetary policy decision this week.
 
Gbp/Usd is testing upside barrier, 1.4000 is critical level before EU urgent Brexit meeting today and follow by Summit scheduled by 22nd and 23rd this week. I would expect the pair continue stuck in a range for now.
 
EURUSD ranging for quite a time
 
The Euro seems to be losing ground against the USD.
 
There is no important data release on Monday, Eur/Usd would probably continue its consolidation, but the risk remains on the upside. Resistance level can be found at 1.2390/1.2400.
 
GBP/Usd falls into range on the fears of potential US-China trade war, resistance can be seen at 1.4220 and on the downside 1.40 act as psychological support.