GBPUSD -- 1.3754
Sterling had a good run in october testing the upper end of the downtrend channel starting from the 06jun21 high. Mores resistances come in with the 200 dma at 1.3852 and the last highs around 1.3835/40.
With respect to the sheer amount of resistances around 1.3835/50 I expect a test of the downside in the upcoming sessions. First targets are the 50 ema (1.3726) an the mid of the bollinger band (1.3675). Above the 200 dma the short scenario is done.
EURGBP -- 0.8436
Similar to Cable the rally of Sterling against Euro could have come to an end yesterday at the big 0.84 figure. Short-term a relief rally is on the table with first targets at the mid of the bollinger band (0.8480) and the pivot line around 0.8487 (several lows and highs). For a mid-term correction the 200 dma (0.8599) looks good as a target. Below 0.8400 I would keep off the hands from longs.
Good luck,
Sebbo