EU break the trend line,now i waiting for retest then i looking for long positions to the target 1.21950 at minus .618 fibo ratio.
but we have a strong resistance at 1.3925 that hold price if it break this major level then we can expect GBPUsd to see 1.42. so i waiting for breakout and retest then i looking for long setups.
if price breaks the resistance 1777 and confirms above it then we would looking for long positions. but if resistance push price back down then we van expect bearish bearish move to support 1757.
Price is in a bullish daily channel .also it is above EMA 200 so it is bullish .In daily time frame we can see that 1.2000 support the price and push it up. So i have a bullish bias on EURUSD first tp can be 1.2250 the next one is 1.2350 and if price breaks this level then can reach to 1.25000. pay attention to news of this week .
i think gold after pullbak to 61.8 ratio of fibonachi retracment at price 1760 then contineu to spot D1 at price 1818 or D2 as a second tp at price 1840. if you had any comment about this anlysis i appreciate to share it with me.
gbpusd is bullish over all.it has a strong resistence at psy level 1.4000 .and also it has a support at 1.3670. If price rejected from this area then next target can be recent HH at 1.4200. But if price breakdown the support level and create a daily candle under it then next target could be 1.3400.