I can`t get both pics to come up so all I can see is the top one !! I am thinking not watercolors but perhaps inks !! You may need to take it out of the frame and see if anything is on back !! If you can take a closeup of the area with the woman and the person behind her with a bit of the background tomorrow in good light and post it I can see it a bit better !! Keep it about the same size so I can enlarge it !! It appears to be Japanese and could be either a family piece in remembrance of a birth or a symbolic piece !! Will look more tomorrow !!
