✅ EUR/USD, GBP/USD Analysis & Setups 12 – 13 Oct 2020 ✅

4 min read

Hi Traders,

the EUR/USD is building a bearish pullback in the larger uptrend. The bulls remain in control as long price action stays above 1.1725. The GBP/USD also remains bullish with price action above the 21 ema low on the daily chart.

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EUR/USD & GBP/USD Overview

The EUR/USD bullish continuation is aiming for the target zone at 1.1925. The bulls need to show a bounce at the previous tops followed by a higher low.

The GBP/USD bulls have plenty of space to the upside remaining. Bullish support is expected at 1.2975.

Check out the video below for the full analysis and trade plans on 12 – 13 Oct 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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