Signals for the EUR/USD pair:
If the pair breaks through at 1.0818, the euro is likely to increase to 1.0856 and 1.0895.
A breakthrough at 1.0772 can lead to a sell-off of the euro at 1.0728 and 1.0636.
Signals for the GBP/USD pair:
If the pair breaks through at the level of 1.2225, the British pound can rise to 1.2275 and 1.2323.
A breakthrough at 1.2170 can lead to a sell-off of the British pound at 1.2127 and 1.2030.
The following fundamental data is set for release during the day:
- German GDP
- Eurozone GDP
- France Consumer Price Index
- US retail sales