EURUSD [H1]
The pair is trading along an uptrend. Resistance level 1.3541 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.3614 and above towards resistance level 1.3694.
If the pair will have no possibility of rising above resistance level 1.3541 and will subsequently drop below support level 1.3413, we can expect a downtrend to develop towards support level 1.3340.
Support levels: 1.3413, 1.3340
Resistance levels: 1.3541, 1.3614, 1.3694
GBPUSD [H1]
The pair is trading along an uptrend. Resistance level 1.5945 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.6087.
If the pair will have no possibility of rising above resistance level 1.5945 and will subsequently drop below support level 1.5848, we can expect a downtrend to develop towards support level 1.5767.
Support levels: 1.5848, 1.5767
Resistance levels: 1.5945, 1.6087
