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The GBP/USD price traded strongly negatively yesterday to exceed our expected target at 1.2400 and approach the second target 1.2330, and we expect the downward trend to continue to test the bottom at 1.2300 as the next main station.

Therefore, we are waiting for more expected decline in the immediate and short term, noting that breaching 1.2470 will push the price to achieve immediate gains and test the 1.2566 and then 1.2605 areas before any new attempt to decline.

The EUR/USD price shows some bullish bias after the strong decline it witnessed yesterday and achieving our second target at 1.0250, and we expect negative trading to resume during the upcoming sessions to target the 1.0170 level as the next negative station.

Taking into account that breaching the 1.0325 and then 1.0375 levels will stop the bearish wave and lead the price to start an upward correction in the short term.