✅ EUR/USD, GBP/USD Analysis & Setups 23 – 24 Dec 2020 ✅

Hi Traders,

the EUR/USD is building an ABCDE triangle pattern within a wave 4 of the uptrend. The GBP/USD is showing strong bullish momentum but 1h and 4h candles need to confirm the breakout.

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EUR/USD & GBP/USD Overview

The EUR/USD is expected to continue with the uptrend after the consolidation pattern is completed.

The GBP/USD is looking bullish at the moment after a deep retracement. A small push up towards the head and shoulders could soon be confirmed.

Check out the video below for the full analysis and trade plans on 23 – 24 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

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik