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The GBP/USD price continues to fluctuate around the 1.2735 level and is still holding above it, so the bullish trend remains valid for today, targeting the 1.2865 level as a next stop, noting that breaking 1.2735 will put the price under negative pressure to head towards visiting the 1.2650 and then 1.2566 areas as main negative targets.

EUR/USD is facing negative pressure to break the 1.0540 level and provide signals to invalidate the positive formation mentioned in our recent reports and head back to the main bearish path again, so the bearish bias is likely for the rest of the day, noting that the first station is located at 1.0475, which breaking it represents the key to rushing towards 1.0400 as the next negative target.

Stability below 1.0563 keeps the bearish wave intact, as breaking it will push the price to recover again and head to test the 1.0635 level initially.