the EUR/USD is creating 5 waves up, which could indicate the start of a larger bullish ABC pattern. The GBP/USD is building an ascending wedge triangle pattern aiming at 1.3750 target.
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The EUR/USD is expected to build a bearish ABC zigzag. But it is likely part of a larger bullish ABC towards the head and shoulders level around 1.22-1.2275.
The GBP/USD needs a pullback towards the long-term support trend line for a bullish bounce.
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