The EUR/USD made a strong bearish bounce after reaching the 1.20 target. The GBP/USD is building a bearish retracement too after hitting 1.35.
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The EUR/USD is waiting the news from the US but a bearish pullback remains likely. A bounce could take place the 23.6% Fib within the uptrend.
The GBP/USD also is expected to make a pullback within the uptrend.
Check out the video below for the full analysis and trade plans on 2-4 Sep 2020: