EUR/USD Price Analysis: Next on the upside aligns 1.1370

EUR/USD is adding to Friday’s gains well above the 1.13 mark.
Further north is located 1.1370, last week’s peak.

EUR/USD is prolonging the rebound from Friday’s lows near 1.1250 and is gaining around a cent to the 1.1335/40 band on Monday.

Monday’s price action has opened the door to a probable move to the 1.1400 mark and the June’s high at 1.1422 in the short-term horizon.

Further out, as long as the 200-day SMA, today at 1.1048, holds the downside, further gains in EUR/USD remains well on the table.

EUR/USD daily chart

Jul 13, 2020

GBP/USD flirts with daily lows, around 1.2600 mark

The GBP/USD pair held on to its mildly softer tone through the mid-European session and was last seen trading near the lower end of its daily trading

EUR/GBP seen at 0.92 on a three-month view – Rabobank

EUR/GBP is trading close to the 0.90 level as the pair has been supported at the 0.895 mark. Economists at Rabobank expect EUR/GBP to surge towards 0.