EUR / USD and GBP / USD Prediction | DailyForex



[ad_1]

EUR / USD

The EUR / USD pair initially attempted to exit during the trading session on Tuesday, reaching the 1.1750 level. However, we have turned into a mbadive shooting star, and of course, the downtrend line is very intact. In doing so, I think we are staying in the global symmetric triangle, and I think that makes sense because, frankly, there are too many newsworthy events over the next few days for traders to take a lot of risks. For this reason, I think we continue to bounce back into the symmetrical triangle and I will continue to trade this market in the short term because of this situation. If we were to go above the 1.1750 level, the market should reach the 1.1850 level. If we fall below the level of 1.16, then we will go to 1.15 handle after that.

  EURUSD "clbad =" img-responsive "src =" https://dailyforex-a.akamaihd.net/files/aug12018- chris-eurusd.png "style =" width: 630px; height: 353px; "title =" EURUSD "/> </p>
<h2>  GBP / USD </h2>
<p>  The British Pound came and went during the day in a very violent session, and it seems likely that we will continue to see We are in a general trend to the decline, but the Bank of England will meet on Thursday, which, of course, will determine where we will go because of the interest rate outlook. a "floor" from what I see , and I think it is only a matter of time before buyers are throwing themselves into this area, unless of course the Bank of England seems extraordinarily accommodating. At this point, I think the next two days are going to be very crucial, and so you might want to be sidelined until we get an impulsive candle, and then just follow it. </p>
<p><img alt=

[ad_2]
Source link