Data on US GDP can harm the dollar. Forex Market Forecast for February 27

Signals for the EUR / USD pair:

A breakout on the level of 1.1403 will lead to the growth of the euro in the level of 1.1432 and 1.1459. On the other hand, a breakdown to 1.1368 will lead to the sales of the euro in the area of 1.1348 and 1.1317.

Signals for the GBP / USD pair:

A breakout on the level of 1.3346 will lead to an increase in the pound in the area of 1.3386 and 1.3440. Alternately, a breakdown to 1.3266 will lead to the sales of the pound in the area of 1.3204 and 1.3144.

Fundamental data:

Revision in GDP in Italy

Consumer Price Index in Italy

French Consumer Price Index

German Consumer Price Index

Changes in GDP for the quarter US