The EUR/USD pair is currently trading flat today, and I can’t tell you anything in particular. There is a blue zone on the downside that we need to test. The breakout of the 1.2109 level will cancel the uptrend.
Meanwhile, GBP/USD continues to move up. It also has a blue zone below that needs to be tested. The breakout of the 1.4080 level will cancel the uptrend, while at 1.4125 it will be limited. So, the pair is going to follow a swing trajectory today.
We can see that on H1 the pair is about to reverse to the downside.
Currently, the price is holding at the critical level. So, I think that today the price will follow a swing motion both up and down. Then we can again evaluate the H1 time frame. The reversal is likely to be put on a halt given such a strong bullish trend. Maybe it will be stopped, but it is too early to say for sure now.