the EUR/USD is making a bullish breakout above the 144 ema on the daily chart. The GBP/USD bears are aiming for the 61.8% Fib at 1.2550.
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The EUR/USD is expected to aim for the next target at 1.1250-75. After a bull flag chart pattern, the price action could then move up to 1.14.
The GBP/USD remains in a downtrend. A bearish breakout is aiming for 1.2550.
Check out the video below for the full analysis and trade plans on 4 – 6 Mar 2020: