the EUR/USD is showing corrective price action at the 61.8% Fib and 1.10 round level but a bearish breakout towards 1.0940 remains likely. The GBP/USD bulls remain in control as long as price stays above 1.2825.
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The EUR/USD remains bearish as long as price stays below the critical resistance zone at 1.1050-75. Any bearish breakout is aiming at the 78.6% Fib.The GBP/USD bullish breakout is confirmed if price can break above the key 1.2875 zone. The main target is 1.2975-1.30 zone.
Check out the video below for the full analysis and trade plans on 14 – 15 Nov 2019: