the EUR/USD has reached a heavy resistance zone at 1.1775 and is likely to create a bearish pullback first. The GBP/USD will also probably make a pullback at 1.30.
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The EUR/USD is likely to test the support zone at 1.1675-1.17 first of all, which could create a bounce.
The GBP/USD is also likely to build a bearish bounce at 1.30.
Check out the video below for the full analysis and trade plans on 29 – 31 July 2020: