Hi Traders,
EUR/USD is in a tough spot at the 1.1360 resistance and could make a Wave C pullback. The GBP/USD needs a break above 1.2780 or will make a retracement back to the 144 ema support.
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The EUR/USD needs a pullback and rebreak above the 21 ema zone or a break above 1.1375 before long setups could work out. Otherwise a pullback could take place below the 21 ema zone.
The GBP/USD is building an expanding wedge and is now testing the resistance of the chart pattern.
Check out the video below for the full analysis and trade plans on 10-12 June 2020:
Good trading,
Chris Svorcik
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