✅ EUR/USD, GBP/USD Analysis & Setups 30 Sep – 2 Oct 2020 ✅

Hi Traders,

the EUR/USD is testing the 2nd resistance target zone and a bearish bounce could re-test the 21 ema support zone first which is a critical Point of Confluence. The GBP/USD is likely to bounce at support for a move up to 1.30 and the 38.2% Fibonacci retracement level.

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EUR/USD & GBP/USD Overview

The EUR/USD is expected to reach the 1.1810-20 target which is where the 50% Fib is located.

The GBP/USD bulls needs to keep price action above the 21 ema zone.

Check out the video below for the full analysis and trade plans on 30 Sep – 2 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