EUR/USD, GBP/USD sideways trade in low volume and volatility above support
EUR/USD, GBP/USD sideways trade in low volume and volatility above key support as most traders are off during the festive season.
EUR/USD still range bound
EUR/USD sideways trades in low volatility and volume above the $1.0344-to-$1.0333 November and December lows.
Minor resistance remains to be seen between the early to mid-December lows at $1.0454-to-$1.0461.
GBP/USD range trades above support
GBP/USD remains above its eight-month $1.2475 low with the early-to-mid-December lows at $1.2608-to-$1.2617 acting as resistance.
A fall through $1.2475 would likely engage the 9 May low at $1.2446 and the 16 April trough at $1.2406.
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