🎦 EUR/USD, GBP/USD Analysis & Setups 16-18 Sep 2020 🎦

Hi Traders,

the EUR/USD is making a bullish bounce and aiming for the H&S target at 1.1950-60. The GBP/USD is also ready for a bullish ABC zigzag pattern, which is confirmed once price breaks above the resistance Fractal.

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The EUR/USD unexpected bearish breakout below 1.1825 should send the pair lower. But the uptrend is likely to send the currency pair higher first.

The GBP/USD should see a bullish breakout aim for the 1.3030 and 1.31 target zones.

Check out the video below for the full analysis and trade plans on 16-18 Sep 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