🌟 EUR/USD, GBP/USD Analysis & Setups 28 – 29 Dec 2020 🌟

Hi Traders,

The EUR/USD is breaking above the resistance of the triangle pattern but it’s pulling back strongly. Will price bounce at support? The GBP/USD made a double top reversal chart pattern and could be building a larger retracement.

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The EUR/USD is likely to extend the triangle chart pattern with more volatile zigzags. 

The GBP/USD is ready to build a falling wedge on the 15min chart before building a bullish ABC followed by another price swing lower.

Check out the video below for the full analysis and trade plans on 28 – 29 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