the EUR/USD is in a downtrend but a bear flag pattern is needed to provide enough space for a short setup towards 1.20. The GBP/USD is also looking for a key bearish breakout of the long-term support.
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The EUR/USD main bearish target is at 1.20 the support zone. A bear flag pattern could take price up first towards 1.21.
The GBP/USD is testing a critical long-term support zone for a bearish breakout and reversal for bullish bounce back to the double top.
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