EUR/USD
To open long positions for EURUSD, it is required:
You can count on buying the euro only after forming a false breakout at 1.1839, and it is best to open long positions for a rebound from an important support in the area of 1.1807. In the absence of volume with a serious demand for the euro in the area of 1.1807, I recommend that buying be postponed until an update of 1.1774. The main goal of the buyers will be a return to the daily highs in the area of 1.1879.
To open short positions for EURUSD, it is required:
Sellers excellently worked out the morning level of 1.1879, and a consolidation below 1.1839 will give the euro a more bearish impulse, which will lead to the renewal of 1.1807 and the exit towards 1.1774. In the event of a false breakdown of 1.1839, it is best to return to selling from daily highs near 1.1879.
GBP/USD
To open long positions for GBP/USD, it is required:
Buyers were not able to catch ahold of 1.3412, and only a retest with a breakdown of this area will lead to an increase in long positions on the pound with an update of 1.3465 and 1.3509, where it is advised to lock in profits. In the event of a decline in the pound during the afternoon, it's best to go back to long positions for a rebound of 1.3369.
To open short positions for GBP/USD, it is required:
While the trade is below 1.3412, you can count on a return of the GBP/USD pair towards the support level around 1.3369, where it is advised to lock in the profit. In the event of a continuation of the bullish trend, it would be best to consider selling the pound after upgrading 1.3465, or on a rebound from 1.3509.
Indicator description
Moving Average (average sliding) 50 days - yellow Moving Average (average sliding) 30 days - green MACD: fast EMA 12, slow EMA 26, SMA Bollinger Bands 20