the EUR/USD is testing the 21 ema resistance zone after bouncing up at the 144 ema. A larger bearish swing is expected. The GBP/USD looks more bullish but a bearish bounce is expected at the previous top.
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The EUR/USD seems ready for a larger ABC correction towards the 1.20 target and support zone.
The GBP/USD direction depends on how the bearish price action unfolds. A bull flag indicates upside whereas a strong bearish impulse confirms more downside.
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