✅ EUR/USD, GBP/USD Analysis & Setups 18 – 19 Jan 2021 ✅

3 min read

Hi Traders,

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.

If you think our videos, analysis, and education can help you become a better trader, then we would certainly appreciate your review on Forex Peace Army. Or ask your own questions via our form and we will answer them in the weekly live webinar every Tuesday.

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.

Check out the video below for the full analysis and trade plans on 18 – 19 Jan 2021:

  • 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


Good trading,
Chris Svorcik

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of