The EUR/USD is building an ABC retracement within the strong uptrend. The GBP/USD is building a bullish pinbar despite the -0.5% interest rate cut by the BoE.
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The EUR/USD is expected to stay above the 38.2% Fib at 1.1225. After price action completes an ABC correction, the uptrend is expected to continue higher towards 1.16-1.17.
The GBP/USD could make a bullish bounce to retest the previous highs at 1.3050.
Check out the video below for the full analysis and trade plans on 11 – 13 Mar 2020: