the EUR/USD showed bearish momentum yesterday and is likely to test the double bottom at 1.0925. The GBP/USD is building a bearish ABC zigzag pattern that is likely to take price towards the 50% Fibonacci level.
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The EUR/USD is aiming for the support zone and a break below the double bottom indicates more downtrend.
The GBP/USD is likely to fall towards the 50% Fib which could be a bouncing spot for a bullish correction.
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