The EUR/USD is making a bearish channel (green lines) after rising yesterday till 1.14 as part of wave 3 (purple). Today there is a chance that the wave 4 (purple) Fibonacci levels could act as support.
The GBP/USD broke the resistance (dotted orange) yesterday and made an expected bullish impulse for the 5th wave (green), which might have completed a bigger wave A (blue) of a potential bigger zigzag (blue). If prices breaks below the support trend line it still might run into support at the Fib levels.
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