Eurusd/gbpusd - page 2296

 
GBP/Usd is trading almost flat around 1.3240, the pair seems to aim higher but no clear upside strength, immediate resistance can be found at 1.3285.
 
Interesting what the new week brings about these two exchange rates.
 
Eur/Usd extend its downside trend, now is testing immediate support level at 1.1700, break below will open door to next support level at 1.1694, 1.1686.
 
The pair has recovered from Friday and entre correction mood, immediate resistance can be found at 1.3155, and on the downside, support level at 1.3100 and followed by 1.3000 psychological thresholds.
 
Eur/Usd continue its consolidation in the lower range around 1.165, showing no clear directional strength. The pair will lead to further downside only if break below the support level at 1.1570.
 
GBP/Usd seems directionless to consolidate around 1.31 level, but there is the key event to focus on, BoE policy decision--rate hiking might be expected.
 
Eur/Usd bearish trend expected to continue soon would be testing support level at 1.1500.
 
In the short term, the pair continues showing strong downward potential. Immediate support lies at 1.2970/75, and follow by 1.2955/50.
 
Eur/Usd opens the week with a bearish gap and hit a new low around 1.1360, correction movement may continue before further decline giving the fact with limited economic data on Monday.
 
Eur/Usd continues its consolidation phrase just below 1.140 resistance mark. The pair faces new selling pressure over Turkey news, 1.140 act as an important resistance level.
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