🎦 EUR/USD, GBP/USD Analysis 5 – 9 July 2021 & ECS Updates 🎦

July 5, 2021

3 min read

Hi Traders,

this recording of the live webinar takes a look at the EUR/USD and GBP/USD analysis for the current trading week. We also review the trading results of Elite CurrenSea in June 2021. And we also share a few updates such as the launch of our portfolio myfxbook account.

If you think our videos, analysis, and education can help you become a better trader, then we would certainly appreciate your review on Forex Peace Army or on Trustpilot.

Or ask your own questions via our form and we will answer them in the weekly live webinar every Tuesday.

EUR/USD & GBP/USD Overview

The EUR/USD is testing the key 21 ema zone on the 4 hour chart. A bearish bounce could indicate an immediate uptrend whereas a bullish breakout signals the start of a larger wave 4 correction.

The GBP/USD also made a lower low but the bullish rebound was quite strong and impulsive. The main decision zone is the 4 hour chart 21 ema zone where price action will need to make a bounce or break.

Check out the video below for the full analysis and trade plans on 5 -9 July 2021: