EUR/USD, GBP/USD Analysis & Setups: May 29 – June 4, 2021

The EUR/USD pair is testing the Fibonacci retracement resistance levels of the wave 2 pattern. A bearish bounce and breakout could confirm a reversal.

The EUR/USD pair is testing the Fibonacci retracement resistance levels of the wave 2 pattern. A bearish bounce and breakout could confirm a reversal. The GBP/USD pair remains choppy. The trend lines are key for a breakout to the north or south.

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