Forecast for Forex Market on July 4: Independence Day in the USA and low volatility

Signals for the EUR/USD pair:

A breakout to the level of 1.1307 level will lead to the growth of the euro in the area of 1.1338 and 1.1364.

A breakout to the level of 1.1273 will lead to sales of the euro in the area of 1.1239 and 1.1207.

Signals for GBP/USD pair:

A breakout to the level of 1.2596 will lead to the growth of the pound in the area of 1.2639 and 1.2673.

A breakout to the level of 1.2555 will lead to sales of the pound in the area 1.2513 and 1.2483.

Important fundamental data are the following:

Retail volume

Independence Day in the USA