✅ EUR/USD, GBP/USD Analysis & Setups 17 – 18 Feb ’20 ✅

2 min read

Dear Traders,

the EUR/USD is showing a strong bearish wave 3. A pullback and downtrend continuation is likely. The GBP/USD is showing a strong bullish bounce and a breakout aims at 1.32-1.3250.

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The EUR/USD is expected to make a shallow pullback like a bear flag and continue with the downtrend towards at least 1.0750.

The GBP/USD remains bullish above 1.29. Only a break below 1.2850 indicates a full downtrend.

Check out the video below for the full analysis and trade plans on 17 – 18 Feb 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


Good trading,
Chris Svorcik
Elite CurrenSea

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