? EUR/USD, GBP/USD Analysis & Setups 9 – 12 May ’20 ?
May 9, 2020
2 min read
Dear Traders,
both the EUR/USD and GBP/USD bounced at the bottom of the range and price is expected to retest the double top at 1.10 and 1.26.
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The EUR/USD is expected to make a pullback and bounce up to 1.10. A bearish reversal could take place at the top of the range.
The GBP/USD is looking to build 5 bullish waves as long as price stays above the support zone.
Check out the video below for the full analysis and trade plans on 9-12 May 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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