Signals for the EUR/USD pair:
A breakthrough at 1.0945 is likely to cause the euro to rise to the area of 1.0978 and 1.1013.
If the pair breaks through at 1.0895, it can lead to a sell-off of the euro at 1.0852 and 1.0819.
Signals for the GBP/USD pair:
If the pair breaks through at 1.2507, the British pound is likely to grow in the area of 1.2567 and 1.2638.
A breakthrough at 1.2441 may lead to a sell-off of the British pound at 1.2391 and 1.2347.
Fundamental data:
The following fundamental data is set for release during the day - the Eurozone Producer Price Index, the UK PMI, the US Balance of Trade, as well as the ISM manufacturing index for the US.
The material has been provided by InstaForex Company - www.instaforex.com