EUR/USD
On H4, the EUR/USD is trading within a consolidation range between 3/8 and 5/8, while we can expect the price to rise to the resistance at 5/8.
On H1, the pair may start falling once 1/8 gets broken out. The target of such a fall may be located at the support of 5/8.
GBP/USD
On H4, the GBP/USD broke out the 3/8 level and entered the consolidation range. Moving forward, we can expect the price to rise to the resistance at 5/8.
On H1, the price may start falling once there's a pullback from 8/8. The target of this fall may lie at 5/8.
