On Monday USD was getting cheaper compared to euro currency. Thus, pound sterling added 50 points to USD and it overcame the resistance of 1.6180, and it will most likely stay higher after the end of session. Which is a bull signal to buy GBPUSD pair.
The aim of the ascending movement of the pair GBPUSD is above the resistance of 1.6300, which is a strong resistance, since the pair is above this level since august 2011.
Euro did not grow compared to dollar on Monday, but it consolidated above the resistance level of 1.3140, which is a good signal for bulls. With the renewal of Monday maximum (1.3190) one can take EURUSD pair on Tuesday with the goal of 1.3500, where the next serious resistance level is situated.Social button for Joomla