the EUR/USD is unable to break above 1.1350 and could be ready for a bearish dip to 1.11. The GBP/USD also is showing a double top and head & shoulders reversal pattern.
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The EUR/USD could build a complex bearish WXY pattern if price action is able to break below the 21 ema on the 4 hour chart.
The GBP/USD is likely to test the support at 1.2450-1.25 first.
Check out the video below for the full analysis and trade plans on 13 – 14 July 2020: