EUR/USD

To open long positions for EURUSD, you need:

Bulls managed to keep an important level of support at 1.1725. If the false breakdown is formed once again at this level, starting from the range of 1.1718, we can expect a slight increase to 1.1763, and consolidation in this area will open a good opportunity for a larger upward trend with the purpose of updating 1.1811, where I recommend locking in profit. If the euro falls below 1.1725, it would be best to consider long positions for a rebound from a larger support at 1.1690, or immediately at a rebound of 1.1652.

To open short positions for EURUSD, you need:

Sellers will try to gain a foothold below the level of 1.1725, which will lead to a continuation of the downward trend that is already in the area of yesterday's low at 1.1690, with the target of reaching 1.1652. Optimal selling can be seen after the formation of a false breakdown at 1.1763, with a return to this level and the first target of a decline towards 1.1725. In case the euro increases in the first half of the day above 1.1763, I recommend returning to short positions only for a rebound from 1.811.

GBP/USD

To open long positions for GBPUSD, you need:

To count on a return of buyers in the pound, I recommend only doing so after a formation of the false breakdown at 1.2966-1.2971, which will lead to a return of the GBP/USD pair towards an area of the first resistance level of 1.3004. A stabilization in this area can return large buyers to the market, which will push the pound to weekly highs in the area of 1.3042 and 1.3086, where I recommend locking in profits. If the pound drops below 1.2971, it would be best to return to buying after upgrading 1.2936, or to rebound from 1.2901.

To open short positions for GBPUSD, you need:

Sellers will attempt to gain a foothold below 1.2971, and weak fundamental data on the UK might drive the pound into a support area of 1.2936, where a small rebound of around 20-25 points will be formed, and then to a larger support level of 1.2901, where I recommend locking in profits. If the pound increases in the morning, going back to selling would be best for a rebound of 1.3042.

Indicators

• MA (average sliding) 50 days - yellow
• MA (average sliding) 30 days - green
• MACD: fast EMA 12, slow EMA 26, SMA 9
• Bollinger Bands 20