FX.co ★ Eurogroup meeting. Euro is expected to grow

Signals for the EUR/USD pair:

The euro can rise to 1.0961 and 1.1033, if the price breaks through the level of 1.0897.

A breakthrough at the level of 1.0825 can lead to a sell-off of the euro at 1.0772 and 1.0718.

Signals for the GBP/USD pair:

The pound is likely to increase to 1.2484 and 1.2605 after the price breaks through the level of 1.2420.

A breakthrough at the level of 1.2370 can lead to a sell-off of the pound at 1.2285 and 1.2166.

Fundamental data:

The minutes of the ECB meeting and US initial jobless claims data are set for release.