the EUR/USD is showing strong bullish momentum and is aiming for 1.1250. The GBP/USD remains bearish below 1.29.
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The EUR/USD made a strong bullish bounce at the 78.6% Fibonacci support and could be ready for a large push up towards 1.22150.
The GBP/USD broke below the 50% Fib support, but price will need to break below the support before it can move lower towards 1.25.
Check out the video below for the full analysis and trade plans on 2 – 3 Mar 2020: