$EURUSD Outlook Update

EURUSD DAILY CHART - The pair finally reach target from previous post (FE 61.8% at 1.3370). I  expect choppy movements between 1.3100/1.3000 support area and 1.3500/1.3370 resistance area for next week.

EURUSD WEEKLY CHART - Above 1.3500 will extend recovery outlook toward 1.3800/1.4000 near 61.8% retracement level of 2-year high (1.4937) and low (1.2040).

$GBPUSD Update

GBPUSD 4-HOUR CHART - Price action went as expected since previous update, currently trading above 1.6100/1.6080 (current support area). I expect Cable to make higher highs toward 1.6300 and then maybe another fall to test 1.6000 support.