the EUR/USD made a bearish bounce at the 1.1125 resistance zone and is aiming for 1.10 support zone. The GBP/USD made a strong bullish bounce at the deep 88.6% Fibonacci retracement level.
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The EUR/USD seems to be building a bearish wave C. A breakout below 1.1080 should send price lower, although the news events this week could slow down price action.
The GBP/USD is building a triangle chart pattern and a bullish breakout could see a bullish impulse aim for 1.3160 and 1.3220.
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