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The GBP/USD price surged strongly upwards yesterday to breach the 1.2415 levels and stabilize above it, to stop the negative scenario and return to the upward corrective path again, and we expect the upward trend to continue to visit the 1.2605 level as a next positive target.

From here, we expect to witness more rise during the upcoming sessions, noting that breaking 1.2350 will stop the upward wave and pressure the price to return to the bearish scenario again.

The EUR/USD price continued to rise yesterday to close the daily candle above the 1.0325 level, to get a positive incentive that we expect will push the price to achieve more rise during the upcoming sessions, on its way to visit the 1.0455 level as a next positive target.

Therefore, the bullish bias will be likely for today, taking into account that failure to consolidate above 1.0325 will put the price under negative pressure again, heading towards testing the 1.0220 areas initially.