🌟 EUR/USD, GBP/USD Analysis & Setups 3 – 5 June’20 🌟

2 min read

Hi Traders,

EUR/USD is showing strong bullish momentum and a continuation towards 1.1250-1.13 remains likely. The GBP/USD bullish breakout is strong but price is now making a small pullback within the uptrend.

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The EUR/USD is aiming at the 78.6% Fib on the daily chart at 1.13, which is a key decision for an uptrend or reversal.

The GBP/USD pullback towards 1.25-1.2525 should provide support for an uptrend continuation towards 1.2650-1.2750.

Check out the video below for the full analysis and trade plans on 3-5 June 2020:

  • 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

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