Bullish Momentum Continues

EUR/USD: The euro broke above 1.1190 and we are now waiting for a sustained breakout above 1.1210 in order to go for 1.1270 and further 1.13. A current support is however seen at 1.11.

GBP/USD: The cable was able to stabilize above 1.34 following accelerated bullish momentum. Traders now eye the 1.3480-1.35 area as a next higher target while a higher support is seen at around 1.33 now.

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Our trading ideas for today 25/9/24:

 

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

 

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