EURUSD

Despite morning falls, afternoon subsequent increases reached vicinity of the defeated yesterday level of 1.0712, which now coincides precisely with the measuring 38.2% Fibonacci correction and the downtrend line. The rejection of this level could cause return to declines.

EURUSD H1

GBPUSD

Next day in turn the market continues to rise. If the movement north will continue in the near future we expect test of the local resistance level around 1.2563.

GBPUSD H1
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