Hi Traders,
the EUR/USD is in a strong uptrend and is aiming for 1.15-1.16. The GBP/USD needs a breakout before the target at 1.30 is in vision.
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The EUR/USD is breaking above the weekly 144 ema resistance, which is indicating an uptrend towards the Fibonacci level at 1.18.
The GBP/USD is seeing strong support at the 144 ema on the 4 hour chart. A bullish breakout is likely.
Check out the video below for the full analysis and trade plans on 20 – 21 July 2020:
Good trading,
Chris Svorcik
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