EURUSD:
Overall the down trend continues. The next target is 0.8694. Either way, a break above 1.0197 resistance is needed for the first sign of a medium-term bottom. Otherwise, even with a strong rebound, the outlook will remain bearish.
GBPUSD:
A further downward move towards the 1.037 level can be seen. However, if the price breaks 1.090, we might see a retest of 1.121
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