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

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.

If you think our videos, analysis, and education can help you become a better trader, then we would certainly appreciate your review on Forex Peace Army. Or ask your own questions via our form and we will answer them in the weekly live webinar every Tuesday.

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