🎦 EUR/USD, GBP/USD Analysis & Setups 21 – 22 Dec 2020 🎦

5 min read

Hi Traders,

the EUR/USD is testing the Fibonacci support levels within a strong uptrend. The GBP/USD could make a bullish bounce after a strong decline.

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 needs to stay above the 1.20 support and 50% Fibonacci retracement level if the wave pattern is indeed a wave 4.

The GBP/USD has reached the 88.6% Fibonacci level after a massive fall. Can the Cable bounce and make a rally?

Check out the video below for the full analysis and trade plans on 21 – 22 Dec 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


Good trading,
Chris Svorcik

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