EUR/USD remains in a range and price could retest 1.10 again. The GBP/USD is in a bearish momentum and will likely aim for 1.20 support.
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The EUR/USD could go sideways for another 203 weeks before breaking the range. A bearish breakout has a small edge.
The GBP/USD downtrend is aiming for the 50% Fibonacci retracement level at 1.20, which could provide a bounce.
Check out the video below for the full analysis and trade plans on 16-22 May 2020:
EUR/USD, GBP/USD technical analysis