EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD may break the 3/8 level and then continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair is trading above the 5/8 level and may continue growing to reach the resistance at the 8/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may rebound from the 3/8 level and resume falling towards the support at the 0/8 one.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
