Murray Math Lines: EUR/USD, GBP/USD
|EURUSD
On H4 the instrument is trading in the oversold area. Currently, a breakthrough of 0/8 may lead to growth up to the resistance at 2/8. Until the price is trading below 0/8, there is a possibility that the pair may drop to the support at -1/8.
On M15 a breakthrough of the upper line of the VoltyChannel will enhance the possibility of growth to the resistance at 2/8 from H4.
GBPUSD
On H4 the pair is trading in the consolidation range again. The price may still drop to the support at 3/8, The scenario may no longer be valid if the price breaks through 5/8, which may lead to growth up to 8/8.
On M15 the price is trading between the VoltyChannel lines. In case it breaks through the upper line, it may grow to the resistance at 8/8 from H4. Conversely, if the price break through the lower line, it may drop to the support at 3/8 from H4.
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