🌟 EUR/USD, GBP/USD Analysis & Setups 5 – 6 Oct 2020 🌟

4 min read

Hi Traders,

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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EUR/USD & GBP/USD Overview

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:

  • 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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