🎦 EUR/USD, GBP/USD Analysis & Setups 28 – 30 Oct 2020 🎦

4 min read

Hi Traders,

the EUR/USD is breaking below the 1.1750-1.18 support zone and building the first steps of a larger bearish price swing. The GBP/USD seems to be also breaking below the 1.30 support for the same bearish outlook.

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 is developing a bearish swing that could take the price down to a target as low as the 1.15 support zone.

The GBP/USD bearish breakout could even aim as deep as 1.25. A daily candle breakout is needed below the key levels.

Check out the video below for the full analysis and trade plans on 28 – 30 Oct 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

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