✅ EUR/USD, GBP/USD Analysis & Setups 20 – 24 Dec 2021 ✅

3 min read

Hi Traders,

the EUR/USD is testing the support zone. A bearish breakout below 1.1220 should send the currency pair back into a full downtrend. The GBP/USD bearish rejection at the 21 ema on the daily chart looks strong. A bearish continuation is expected.

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 bearish breakout is expected to have a target at the 1.10 round level and 78.6% Fibonacci retracement level.

The GBP/USD bearish target is aiming at the round level of 1.30 and the next Fib at 1.2825.

Check out the video below for the full analysis and trade plans on 20 – 24 Dec 2021:

  • 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

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of