GBP/USD and EUR/USD rebounded on Friday as was expected. Fundamental information was mixed - the unemployment rate and participation rate decreased and increased, respectively, which is good for USD, but nonfarm payrolls were lower than expected, which can be perceived as a slowing US growth momentum. Long term trend indicators show a strong bearish movement, which is supported by overall fundamental environment. However, in short term GBP/USD and EUR/USD can be oversold. At the moment short ter…