? EUR/USD, GBP/USD Analysis & Setups 27-28 June ’19 ?

Hi Traders,

both the EUR/USD and GBP/USD are building a bearish ABC corrections towards the Fibonacci support levels.

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The EUR/USD is aiming for the support zone around 1.1250-1.13 which is when and where a larger bullish continuation could take place towards the target at 1.15.

The GBP/USD has completed a bearish wave A and is now in a potential wave B. A bullish move up could run into the resistance Fibs of wave B whereas a bearish breakout could indicate the end of that wave B and the start of a wave C.

Check out the video below for the full analysis and trade plans on 27-28 June 2019:

• 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

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