We have seen some nice USD recovery recently, but so far only in corrective structure on several FX pairs. EURUSD has three waves down; ideally a-b-c move is coming to an end and will complete wave four this week, maybe already after the US close when Trump will have a speech. Technically speaking we will be looking up to 1.26 if pair closes on a daily basis above trend line resistance and rallies above 1.2492.
EURUSD, 1h
Cable can be in a similar situation; now at the end of wave C if we consider that pair has five subwaves down into wave C=A level. Rise above 1.4150 would be bullish for the pair.
GBPUSD, 30Min
