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EUR/USD, GBP/USD Analysis

The EUR/USD is bouncing at the 1.10 support zone and could be ready for a bullish pullback. The GBP/USD seems ready for a bounce at the support zone of the triangle pattern.

The EUR/USD bears are aiming for the 1.0950 zone whereas a bullish pullback seems limited to the resistance zone at 1.104-75.

The GBP/USD triangle pattern seems to have completed an ABC pattern in wave E. A bullish push is aiming at 1.3125 as the first target.

 

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