EURUSD - Bull
Last week witnessed the greatest volatility in the markets since January 15, 2015. Between August 19 – 24, price went upwards by 680 pips, topping at the resistance line of 1.1700. The threat to the bullish bias is so serious that a movement below the support line at 1.1100 would ultimately result in a bearish outlook.
GBPUSD - Bear
When the hope of a weak GBPUSD was almost dashed for the month of August 2015, the pair eventually became weak. This formerly trudging pair managed …