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Forex

Euro and Sterling Test Resistance Amid Rebound in Yen Pairs

Guavy AI Editorial Team
Instruments
EUR GBP CAD AUD
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The Euro and Sterling are facing significant resistance levels in their respective trades against major currencies. The EUR/USD pair is being closely watched as it approaches a potential move towards 1.1600, while the GBP/USD is testing its own resistance level. Meanwhile, JPY pairs have experienced a rebound but are meeting stiff resistance.

AUD/USD is also positioned at a key resistance level, and USD/CAD remains bearish. Furthermore, the CHF continues to weaken in its trade against major currencies.

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