✅ EUR/USD, GBP/USD Analysis & Setups 27 – 29 Jan 2021 ✅

Hi Traders,

the EUR/USD is breaking the support trend line for a bearish ABC zigzag pattern. The GBP/USD is also showing a bearish reversal after bouncing at the top of the rising wedge pattern.

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EUR/USD & GBP/USD Overview

The EUR/USD could be aiming at the 1.20 support zone with the bearish wave C pattern.

The GBP/USD is looking for a break below the 21 ema. The main targets are located at 1.35 and 1.34.

Check out the video below for the full analysis and trade plans on 27 – 29 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

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik