✅ EUR/USD, GBP/USD Analysis & Setups 13 – 15 May ’20 ✅

Dear Traders,

both the EUR/USD is building a bullish bounce at support as long as price remains above 1.0780. The GBP/USD is making a bearish break and could retest the 1.2325-50 resistance zone first.

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The EUR/USD break above 1.0890 could see a bullish swing test the 1.10 resistance. A break below 1.0780 confirms a downtrend continuation.

The GBP/USD remains in bearish territory below 1.25 and could aim at 1.2175 and 1.2050.

Check out the video below for the full analysis and trade plans on 13-15 May 2020:

EUR/USD, GBP/USD technical analysis

• Review of patterns, trends, key S&R levels
• Explanation of potential trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik
Elite CurrenSea