EURUSD [H1]
The pair is trading along a downtrend. Support level 1.2892 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2700.
If the pair will have no possibility of getting below support level 1.2892 and will subsequently rise above resistance level 1.2960, we can expect an uptrend to develop towards resistance 1.2997 and above towards resistance level 1.3050.
Support levels: 1.2892, 1.2700
Resistance levels: 1.2960, 1.2997, 1.3050
GBPUSD [H1]
The pair is in a sideways trend. Resistance level is seen at 1.5670, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5727 and above towards resistance level 1.5785.
If the pair breaks under support level 1.5584, a downtrend will start with the downside target set at support level 1.537 and below towards support level 1.5497.
Support levels: 1.5584, 1.5537, 1.5497
Resistance levels: 1.5670, 1.5727, 1.5785
