🌟 EUR/USD, GBP/USD Analysis & Setups 19 – 20 Apr 2021 🌟

3 min read

Hi Traders,

the EUR/USD made a wave 4 pullback and price action is now testing the 50% Fibonacci level and target zone at 1.2025. The GBP/USD bullish bounce at the channel bottom is looking very impulsive as well.

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 on Trustpilot.Β 

Or ask your own questions via our form and we will answer them in the weekly live webinar every Tuesday.

EUR/USD & GBP/USD Overview

The EUR/USD could move up once more, despite the resistance zone. The bullish momentum is looking strong and a mild pullback to the shallow Fibs at 1.20 could confirm a bounce up towards the next target zone at 1.21.

The GBP/USD bullish momentum needs a 1 hour bull flag pattern followed by a breakout for more upside towards 1.3950 and 1.40.

Check out the video below for the full analysis and trade plans on 19 – 20 April 2021:Β 

  • 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