EUR/USD Current price: 1.2936
Pair continues in sideways range, with 1.2885 as base and 1.3000 as roof. Price is a above the still flat 20 SMA and despite not completely clear, indicators are slightly bullish. However, clear break above the 1.3000 (difficult at this time) needs to be seen to put some bullish strength in the pair.
Support levels: 1.2910 1.2885 1.2851
Resistance levels: 1.2966 1.2990 1.3036
GBP/USD Current price: 1.4428
Hitting extreme oversold conditions just under the 1.4400 level, the pair is correcting a bit to the upside, thus bigger time frames remain clearly bearish. Indicators are exhausted to the downside, suggesting an upside correction before further continuation in the pair. 20 SMA is turning to the downside in the hourly, suggesting continuation in the pair also.
Support levels: 1.4395 1.4342 1.4315
Resistance levels: 1.4460 1.4510 1.4562
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