✅ EUR/USD, GBP/USD Analysis & Setups 11 – 13 Nov 2020 ✅

Hi Traders,

the EUR/USD is building a bearish wave C of a larger ABC pattern. It is aiming at the Fibonacci support levels around 1.1675-1.1750. The GBP/USD could build a bearish reversal pattern at the 78.6% Fib at 1.33.

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EUR/USD & GBP/USD Overview

The EUR/USD is expected to build a bullish price swing via an ABC or 123 pattern. Price must stay above 1.1602 or otherwise, the uptrend is invalidated.

The GBP/USD is expected to test support zone at around 1.1375 after tagging 1.33 resistance.

Check out the video below for the full analysis and trade plans on 11 – 13 Nov 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