EUR/USD
The EUR/USD currency pair continues moving inside the ascending trend, the price hasn’t been able to break the resistance level in the area of 1.2575. Right now Euro is very close to the channel’s lower border, we should expect it to rebound and start moving upwards. One can consider buying the pair with the tight stop. The target of the growth is the area of 1.2650. We recommend to increase the amount of long positions only after the price breaks the level of 1.2575. If the price falls down lower than 1.25, this scenario will be cancelled.
GBP/USD
The GBP/USD currency pair is moving inside the ascending channel, at the moment the price is testing the resistance level in the area of 1.5850. One can consider buying Pound with the tight stop. The target of the growth is the area of 1.5960. If the price falls down lower than 1.5790, this scenario will be cancelled.
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