Hi Traders,
the EUR/USD is expected to test the support Fibs which is a key decision zone. The GBP/USD is looking to build a bullish ABC pattern.
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The EUR/USD is building a bearish breakout but the Fibonacci levels could be strong support. The reaction at the Fibs will decide the next price swing.
The GBP/USD is also looking for either a bullish breakout or bullish bounce. The main target for the bulls is 1.4060-1.4140.
Check out the video below for the full analysis and trade plans on 15 – 16 Mar 2021:
Good trading,
Chris Svorcik
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