EUR/USD: another pullback from 144 MA
We've got a 'Shooting Star', so we're likely going to have a decline shortly, which means we should watch the next support...
GBP/USD: bears going to test nearest support
The price is consolidating along the 55 Moving Average. It's likely that the pair is going to test support at 1.2945 - 1.2913 in the short term. However, if we see a pullback from these levels, bulls will probably try to reach resistance at 1.2995 - 1.3023.
There's a consolidation, which is taking place under resistance at 1.2988. The 34 Moving Average is acting as support. In this case, the market is likely going to decline towards the 89 Moving Average. If a pullback from this line happens, we should keep an eye on the next resistance at 1.2988 - 1.3023 as an intraday target.
Sergey Logachev
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