EURUSD [H1]
The pair is trading along a downtrend. Support level 1.3020 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2968 and below towards support level 1.2932.
If the pair will have no possibility of getting below support level 1.3020 and will subsequently rise above resistance level 1.3111, we can expect an uptrend to develop towards resistance 1.3162 and above towards resistance level 1.3228.
Support levels: 1.3020, 1.2968, 1.2932
Resistance levels: 1.3111, 1.3162, 1.3228
GBPUSD [H1]
The pair is trading along a downtrend. Support level 1.5647 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.5541.
If the pair will have no possibility of getting below support level 1.5647 and will subsequently rise above resistance level 1.5733, we can expect an uptrend to develop towards resistance 1.5785 and above towards resistance level 1.5832.
Support levels: 1.5647, 1.5541
Resistance levels: 1.5733, 1.5785, 1.5832