EUR/USD and GBP/USD are currently experiencing a sideways trade with low volume and volatility. Both currency pairs are trading above support levels. This lack of movement can be attributed to the quiet market conditions and lack of significant news impacting the forex market. Traders are advised to exercise caution and closely monitor the support levels as any break below could signal a potential downward trend. Overall, the current trading environment is characterized by stability and minimal price fluctuations.
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