Windsor Brokers - Short Term Technical Analysis for Majors (14:15 GMT)
 

EUR/USD

Extends reversal off 1.2721, to test 1.2522 support, ahead of bounce. Break above 1.2600/13 resistance zone, focusing 1.2648, break of which is required to neutralize near-term bears in favor of fresh attempt at 1.2721/30. Failure under 1.2648, however, risks lower top, ahead of fresh weakness towards 1.2522/1.2479.

Res: 1.2648, 1.2682, 1.2721, 1.2738
Sup: 1.2565, 1.2522, 1.2503, 1.2479




GBP/USD

Reversal off 1.5239 has found support at 1.4947 yesterday, ahead fresh strength, interrupted by today