By Admiral Markets
The EUR/USD could see a bullish continuation after its pullback to the broken resistance level within a larger ABCDE contracting triangle. The GBP/USD is in a bearish downtrend channel with clear resistance levels, breakout spots and invalidation levels. The USD/JPY is in a critical bounce or break spot this week and the AUD/USD remains stuck in a wedge.
Article by Admiral Markets
Source: Weekly Forex Overview: EUR/USD bull, GBP/USD bear
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