the EUR/USD is looking bullish and waiting for a breakout above 1.1750 with a main target at 1.1875. The GBP/USD is also looking bullish and ready for a push higher within the uptrend channel.
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The EUR/USD bulls are in control but need a breakout above the local resistance. Price action remains bullish above 1.1690-1.17.
The GBP/USD is aiming at the Fibonacci retracement levels at 1.30-1.375-1.3175.
Check out the video below for the full analysis and trade plans on 5 – 6 Oct 2020: