Euro and pound unlikely to gain ground further. Forex forecast for April 28

Signals for the EUR/USD pair:

If the pair breaks through the level of 1.0856, the euro is likely to advance to the area of 1.0882 and 1.0908.

If the pair breaks through the level of 11.0816, the euro is likely to decline to the area of 1.0787 and 1.0760.

Signals for the GBP/USD pair:

If the pair breaks through the level of 1.2451, the pound is likely to gain ground towards the area of 1.2512 and 1.2573.

If the pair breaks through the level of 1.2399, the pound is likely to go down to the area of 1.2348 and 1.2300.

Fundamental data:

US Goods Trade Balance

US Consumer Confidence

The material has been provided by InstaForex Company - www.instaforex.com