In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 11th session.
EUR/USD — On Monday session, the market initially gapped lower and then turned choppy. You can make an argument for a "W" pattern on the daily chart. The market looks overbought at the moment. So, you should look for pullbacks as value. The Fed has changed its tone to dovishness regarding its monetary policy. To the downside, the 1.1250 level looks supportive. It looks like the market is going through a trend change to the upside.
GBP/USD — The market initially tried to break below the 1.27 level, but then found support to bounce. This looks like a market set to go towards the upside. To the upside, the 1.28 is the initial target, and then the 1.30 level. Pay attention to headlines related to Brexit. Positive headlines could help this pair gain momentum to the upside. The 1.25 level is seen as a floor at the moment. So, you should treat pullbacks as buying opportunities.