EUR/USD
To open long positions for EURUSD, you need:
The plan for the second half of the day remained unchanged. I advise you to consider buying euros only after consolidating above the level of 1.1938, which will open a new opportunity for further growth in order to update 1.1971 and 1.2008, where I recommend locking in profits. In case the euro declines in the afternoon, returning to buying would be best after the formation of a false breakdown at 1.1904 or a rebound from 1.1870.
To open short positions for EURUSD, you need:
While the pair is below 1.1938, there is a real possibility of a decline to 1.1904, especially since it was not possible to reach above 1.1938 in the morning. The next formation of a false breakdown at this level will serve as a signal for the opening of short positions in the euro with an outlook towards a decline to 1.1904 and 1.1870. If the upward trend continues above 1.1938, it would be best to return to selling after forming a false breakdown at 1.1971 or to rebound from the new monthly high of 1.2008.
GBP/USD
To open long positions for GBPUSD, you need:
On the first attempt, buyers failed to gain a foothold above 1.2905. However, a second increase in the range of daily highs could lead to a larger upward trend in the pound with an update of 1.2954 and a further yield of 1.2986, where I recommend locking in profits. In the case of another false breakdown of 1.2905, it would be best to return to long positions from the support level of 1.2876.
To open short positions for GBPUSD, you need:
Sellers will try to prevent the release above the upper border of the channel at 1.2905, and a repeated return to this level will serve as a good signal for the opening of short positions on the British pound, with the purpose of reducing the support area to 1.2876 towards the area and further exit to 1.2845, where I recommend locking in profit for today. If the upward trend continues above 1.2905, it would be best to return to selling after updating the resistance of 1.2954.
Indicators
MA (average sliding) 50 days - yellow MA (average sliding) 30 days - green MACD: fast EMA 12, slow EMA 26, SMA Bollinger Bands 20