Windsor Brokers - Short Term Technical Analysis for Majors (07:00 GMT)

[WindsorBrokers]

EUR/USD
The pair managed to continue its correction after last Fridays bounce only to 1.3720. Yesterday we have seen selling around 1.3780-90 zone, so we wait for this level to be broken to continue the uptrend towards 1.3820 followed by 1.3890. On the other hand, a break below 1.3720 would trigger further to the downside towards 1.3690 and 1.3640 next.

Res: 1.3780, 1.3790, 1.3825, 1.3890
Sup: 1.3725, 1.3690, 1.3645, 1.3605






GBP/USD
A corrective action was made reaching 1.6640 where support was found. Maintaining today