? EUR/USD, GBP/USD Analysis & Setups 19 – 21 Feb ’20 ?

Dear Traders,

the EUR/USD is in a massive strong bearish momentum and wave 3 pattern. The GBP/USD is building a bull flag continuation chart pattern.

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The EUR/USD could build a minor bullish wave 4 pullback, but the downtrend is expected to stay in control. Price remains in bearish territory below 1.0950.

The GBP/USD bullish breakout is aiming for 1.32 whereas a bearish break will retest the previous bottom first of all.

Check out the video below for the full analysis and trade plans on 19 – 21 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

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik
Elite CurrenSea