🎦 EUR/USD, GBP/USD Analysis & Setups 30 – 31 Dec 2020 🎦

Hi Traders,

the EUR/USD is building a final push up towards the main target at 1.2325. The GBP/USD is again challenging the double top after a shallow pullback.

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The EUR/USD could soon be ready for a retracement back towards the 23.6-50% Fibonacci retracement levels within the strong uptrend.

The GBP/USD is now bullish again but does require a break above the top. A break below the 21 ema zone indicates a bearish retracement.

Check out the video below for the full analysis and trade plans on 30 – 31 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