The EUR/USD is building a sideways corrective, which is probably an ABC wave pattern. The correction is probably part of a wave 4, which could indicate a bullish wave 5. This video explains what levels and patterns are key for potential trade setups.
The GBP/USD is also building a similar ABC wave pattern and challenging a key 50% Fib level at 1.39. This video explains how to determine whether price is making a bearish reversal or bullish continuation.
Check out the video for the full analysis and trade plans on 6-7 February 2018: