FX.co ★ Important fundamental data expected today

Signals for the EUR/USD pair:

If the pair breaks through at 1.0831, the euro can grow to the area of 1.0882 and 1.0923.

A breakthrough at 1.0787 is likely to lead to a sell-off of the euro at 1.0755 and 1.0728.

Signals for the GBP/USD pair:

If the pair breaks through at 1.2342, the British pound can rise to 1.2389 and 1.2446.

A breakthrough at 1.2300 can lead to a sell-off of the British pound at 1.2275 and 1.2250.

Fundamental data:

Today, the Bank of England will announce its decision on interest rates. Andrew Bailey, Governor of the Bank of England, and Christine Lagarde, President of the European Central Bank, will deliver their speech during the day. Apart from that, initial unemployment claims in the United States will be released today.