✅ EUR/USD, GBP/USD Analysis & Setups 12-13 Sept ’19 ✅

2 min read

Hi Traders,

the EUR/USD made a bearish decline but bounced at the 61..8% Fibonacci retracement level. The GBP/USD is going sideways and needs a clear breakout.

If you think our videos, analysis, and education help you become a better trader, then we would certainly appreciate your review on Forex Peace Army.
The EUR/USD is probably still in a bullish ABC zigzag pattern as long as price stays above the bottom at 1.0925. A wave C could aim for the -27.2% Fib target at 1.1125.

The GBP/USD bullish breakout aims for the next target at 1.2425 whereas a bearish breakout below 1.23 could see a drop towards the 61.8% Fib.

Check out the video below for the full analysis and trade plans on 12-13 September 2019:

  • 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

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of