the EUR/USD is likely to build a bullish pullback to 1.2675-1.2725 but the outlook remains bearish after a strong bearish weekly candle. The GBP/USD, however, is breaking the resistance at the 21 ema and likely to build a bullish ABC zigzag.
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 seems overextended on the lower time frames and some kind of bullish retracement is probable.
The GBP/USD bulls are aiming for the 1.2980 and 38.2% Fibonacci retracement level.
Check out the video below for the full analysis and trade plans on 28-29 Sep 2020: