? EUR/USD, GBP/USD Analysis & Setups 29 – 31 Jan ’20 ?
January 29, 2020
2 min read
Dear Traders,
the EUR/USD is bouncing at the 1.10 support zone and could be ready for a bullish pullback. The GBP/USD seems ready for a bounce at the support zone of the triangle pattern.
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The EUR/USD bears are aiming for the 1.0950 zone whereas a bullish pullback seems limited to the resistance zone at 1.104-75.
The GBP/USD triangle pattern seems to have completed an ABC pattern in wave E. A bullish push is aiming at 1.3125 as the first target.
Check out the video below for the full analysis and trade plans on 29 – 31 Jan 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
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