The trading on Both the EUROS/USD and GBP/USD are rather Calm and the envisaged Mild reversal has also been executed gradually. Technically, it looks like a temporary Bottom or an INFLECTION Curve is being created.
Now it is quite difficult to predict where the Market will move from this point of time, as INDECISION forms the view of most Traders' consensus.
Technically, in middle terms Both the EURO/USD and GBP/USD are still extremely Bearish. There are not many positive developments/News in the next few days to drive the market (UP /or Down)
For the time being, I would prefer to stay aside( for short terms) , and will be back once the Immediate Direction of the Market is Clear. as I will remain always a Short terms Forex Traders, and not traders for long terms profits.
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