Trend or Reversal for EURUSD and GBPUSD Next Week?

Picking tops and bottoms is always a risky venture. Yet, trends eventually end and reverse. And, so we have EURUSD which has retrated back below 1.3000 and GBPUSD which has driven an astounding seven-week consecutive rally. Are we at a turning point or merely pausing before continuing higher? We look at the backdrop market conditions and possible catalysts for next week as well as the setups for turns through technical and fundamental confirmation.