the EUR/USD is completing a bullish ABC pattern before another bearish price swing should take price to the 1.15 target and support zone. The GBP/USD could also build a final wave 5 of wave C before moving lower.
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.
The EUR/USD is testing the 1.1750-1.18 support zone. A bullish bounce could start a move up towards the target at 1.1925.
The GBP/USD made a bounce at the 1.30 support. Price action will need to break above the 21 ema zone and confirma higher low before a move towards 1.3250 is possible. A break below the 1.2950 indicates bearishness.
Check out the video below for the full analysis and trade plans on 26 – 27 Oct 2020: