From Daily Chart, bias up toward 1.6700 and target price 1.6800.
From Intraday Chart - 4 Hour: Neutral view.
If EMA50 (4H) rejection happens, then GBP/USD might go down to 1.6200 strong support.
Otherwise, ema50 turn support and going back to 1.6500 levels.
Long or Short at strong support & resistance levels respectively.
EUR/USD
Weekly candle: bullish.
Last Friday, EUR/USD has recovered strongly and close at 1.4499. Daily chart shows that 1.4500 is a tough resistance but can be taken out anytime soon within this week.
Next strong resistance / target for EUR/USD 1.4700.
Support 1.4420
Strong support 1.4325 (prev week low, pincer bottom)
If our assumption is right, then to enter long at 1.4420 = EMA50 (4H)
Otherwise, the recovery above 1.4500 failed, and EUR/USD may continue to trade down to next Strong support 1.4325.
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