The EURUSD and GBPUSD currency pairs have been in the spotlight for the past few weeks as traders and investors closely monitor the developments in the European Union and the United Kingdom. The Euro has been struggling against the US Dollar, while the Pound has been relatively stable. In this article, we will take a closer look at the EURUSD and GBPUSD currency pairs and analyze the current market situation. The Euro has been under pressure against the US Dollar for the past few weeks, as concerns over the economic impact of the coronavirus pandemic continue to weigh on the currency. The European Central Bank (ECB) has been taking measures to support the economy, including cutting interest rates and launching a massive bond-buying program. However, these measures have not been enough to boost the Euro, which has been trading at multi-year lows against the US Dollar. The EURUSD currency pair has been trading in a range between 1.08000 and 1.10000 for the past few weeks. The Euro has support at the 1.09000 level, which has been tested several times in the past few days. If the Euro breaks below this level, it could lead to further downside pressure, with the next support level at 1.08000. On the other hand, the GBPUSD currency pair has been relatively stable, trading in a range between 1.22000 and 1.24000. The Pound has been supported by the Bank of England's (BoE) decision to keep interest rates unchanged and its commitment to support the economy. However, the uncertainty surrounding Brexit negotiations and the economic impact of the coronavirus pandemic continue to weigh on the currency. In conclusion, the EURUSD and GBPUSD currency pairs are facing different challenges in the current market situation. The Euro has been struggling against the US Dollar, with support at the 1.09000 level. The Pound has been relatively stable, but the uncertainty surrounding Brexit negotiations and the economic impact of the coronavirus pandemic continue to pose risks. Traders and investors should closely monitor the developments in the European Union and the United Kingdom, as they could have a significant impact on the currency markets.