🎦 EUR/USD, GBP/USD Analysis & Setups 19-20 Sep ’19 🎦

2 min read

Hi Traders,

the EUR/USD is waiting for a clear break below 1.0985 or above 1.1075 before the next direction is clear. The GBP/USD is showing divergence in an uptrend and a reversal could occur.

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The EUR/USD is building a triangle chart pattern, which indicates indecision. A bullish breakout aims for 1.1125 and 1.1180 where a bearish break aims for 1.0925 and 1.08.

The GBP/USD is building a rising wedge reversal chart pattern at 1.25 resistance. A bullish push up seems limited to 1.2550-75 whereas a bearish reversal aims for 1.24 and then 1.23.

Check out the video below for the full analysis and trade plans on 19-20 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

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