Signals for the EUR/USD pair:
The breakout of 1.0860 will lead to the euro's upward movement towards the area of 1.0894 and 1.0937.
The breakout of 1.0840 will lead to the euro's downward movement towards the area of 1.0814 and 1.0770.
Signals for the GBP/USD pair:
If the price breaks through the level of 1.2302, the pound is likely to gain ground to the area of 1.2358 and 1.2417.
If the price breaks through the level of 1.2260, the pound is likely to sank to the area of 1.2230 and 1.2173.
Fundamental data:
UK Consumer Price Index
Eurozone Consumer Confidence Indicator
The material has been provided by InstaForex Company - www.instaforex.com