EUR/USD
On H4, the EUR/USD is overbought. Now, once 8/8 gets broken out, the price may fall further to reach the expect at 7/8.
On H1, the pair may start rising once 5/8 gets broken out, the target being the resistance at 8/8.
GBP/USD
On H4, the GBP/USD has left the overbought area and broken out 8/8, which signals a likely price fall to 5/8.
H1 charts show the same Murrey levels as H4, thus confirming the H4 analysis.
On M15, the lower VoltyChannel line has been broken out, which signals a likely price fall.
