GBPUSD Daily Analysis – October 31, 2017

GBPUSD failed to break below 1.3027 support and stayed in a trading range between 1.3027 and 1.3337. The price action in the range is likely consolidation of the downtrend from 1.3657, a breakdown below 1.3027 support could trigger another bearish movement towards 1.2800. Resistance levels are at 1.3235 and 1.3337,…
Source: GBPUSD Daily Analysis – October 31, 2017

EURUSD Daily Analysis – October 31, 2017

EURUSD remains in downtrend from 1.1879, the rise from 1.1574 is likely consolidation of the downtrend. Further decline towards the resistance-turned-support trend line on the weekly chart is still possible after the consolidation. Resistance levels are at 1.1645 and 1.1685, as long as these levels hold, the downtrend will continue.
Source: EURUSD Daily Analysis – October 31, 2017