the EUR/USD is showing strong bullish impulsive price action. A flag or retrace followed by a breakout is expected to reach 1.1925-1.1950. The GBP/USD is also bullish and aiming for 1.3175.
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The EUR/USD has probably completed a wave B of a larger bullish ABC pattern. A break above 1.1780 could confirm the bullish view.
The GBP/USD also seems to be creating an expanded bullish ABC correction.
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