Outlook EURUSD GBPUSD week of November 17

The weekly candle has closed above the previous one both in EURUSD and DXY, which is not the case for GBPUSD

EURUSD still has a bearish target pending that GBPUSD and DXY have already completed

Weekly direction for the start of the intraday week:
EURUSD – Tried to attack the last high on Friday morning NY time (Last segment of the weekly candle)

GBPUSD – Showed more weakness than EURUSD but also tried to attack the weekly high before closing the week

DXY – Attacked the weekly high

Therefore, these attempts could be considered “Failure swings” and speculate on a bearish start of the week for European currencies and bullish for the USD, expecting from the CRT perspective that the price no longer needs to rise to those highs before starting to fall

Regarding the macroeconomic calendar, we have high-impact news on Tuesday the 25th, Wednesday the 26th, and Friday the 28th.

Noteworthy are the Thanksgiving holidays in the United States, less movement for the USD