Asia FX falls as dollar firms ahead of ECB, BoE meetings

2025.06.06 2025.06.06 EUR/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.1350 with a target of 1.1750 – 1.2050. A buy signal: the price stops declining and bounces upward from the level of…

GBP/USD stayed in consolidation below 1.3013 last week. Initial bias stays neutral this week first. On the downside, below 1.2869 will bring deeper correction. But downside should be contained above 38.2% retracement of 1.2248 to 1.3013 at 1.2721. On the upside, break of 1.3013 will resume the rally from 1.2099 towards 1.3433 high. In the…

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