EUR/USD: 'Three Methods' pushed market lower
The price reached the 144 Moving Average, but there's no any bullish pattern so far. Thus, the price is likely going to test the next support...
GBP/USD: "Thorn" pattern
Bulls faced with resistance at 1.3290, but the market is likely going to continue moving up, so we should keep an eye on the next resistance at 1.3290 - 1.3342 as an intraday target. If we have a pullback from this area, there'll be an opportunity to have a decline towards the nearest support at 1.3221 - 1.3182.
We've got a "Thorn" pattern, so the price is consolidating. Therefore, the market is likely going to reach the nearest support at 1.3256 - 1.3221 during the day. At the same time, if we have a pullback from these levels, bulls will probably try to test the next resistance at 1.3290 - 1.3343.
Sergey Logachev
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