🎦 EUR/USD, GBP/USD Analysis & Setups 28 – 30 Oct 2020 🎦

4 min read

Hi Traders,

the EUR/USD is breaking below the 1.1750-1.18 support zone and building the first steps of a larger bearish price swing. The GBP/USD seems to be also breaking below the 1.30 support for the same bearish outlook.

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EUR/USD & GBP/USD Overview

The EUR/USD is developing a bearish swing that could take the price down to a target as low as the 1.15 support zone.

The GBP/USD bearish breakout could even aim as deep as 1.25. A daily candle breakout is needed below the key levels.

Check out the video below for the full analysis and trade plans on 28 – 30 Oct 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

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