EURUSD: The pair has given a positive breakout to the range on a hourly chart. A strong bull candle is formed on the chart with MACD bullish momentum.
Our Preference: – Buy at current 1.1570
Target – 1.1600
Stop loss – 1.1555
GBPUSD: Range breakout with a positive divergence in hourly chart. GBPUSD has gathered bullish momentum for intraday to move higher, the pair has given a bullish breakout to the range with a bullish divergence in MACD.
Our Preference: – Buy at 1.2958
Target – 1.3000
Stop loss – 1.2938