the EUR/USD is testing the 1.1250 support zone after showing strong bearish momentum. The GBP/USD is at the bottom of the downtrend channel but could be weak enough to break below it.
The EUR/USD needs a breakout below the 1.1250 support or a retest of the resistance at 1.1375 for bearish trade setups.
The GBP/USD is looking for a bearish breakout and aims at targets near 1.3325, 1.3250, and 1.3150.
Check out the video below for the full analysis and trade plans on 22 – 26 Nov 2021: