EUR USD, "Euro vs US Dollar"
Eurodollar has extended the current ascending wave and almost reached its target. We think, today, the price may start forming a reversal structure to continue falling inside the downtrend. The first target is at 1.1000. After that, the pair may test 1.1110 from below.
GBP USD, "Great Britain Pound vs US Dollar"
Pound is trying to break its highs and reach the target of the ascending wave at 1.5823. This growth is considered as an alternative scenario. The main scenario remains the same – it implies that the price may continue falling inside the downtrend towards 1.5240. The market may start falling to reach the target at any moment.
