GBP/USD
Weekly candle: Consolidation, with widening range.
Group Resistance: 1.6480
Group Support: 1.6220
Daily Candle: neutral, slightly Bullish, immediate support 1.6320.
Monday GBP/USD may tend to go up higher towards 1.6450 and challenge the group resistance around 1.6480.
Upon reaching this resistance area, GBP/USD may form a bearish divergence in intraday 30 mins chart and trade down to current support 1.6320 again, without breaking below 1.6320, GBP/USD may resume uptrend to 1.6550.
However, if GBP/USD unable to break above resistance but traded below 1.6220 group support, GBP/USD may challenge 2nd support 1.6150.
Monday stay out unless market show good support at 1.6320.
EUR/USD
To be continued....
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