✅ EUR/USD, GBP/USD Analysis & Setups 20 – 21 Jan ’20 ✅

Dear Traders,

the EUR/USD is showing strong bearish momentum and is aiming for the target at 1.0950-1.10. The GBP/USD is testing the key support zone at 1.2950 for a bull bounce or bear break.

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The EUR/USD is breakout below the support line, 1.11 round level, and 21 ema zone is indicating more bearishness.

The GBP/USD bounce at 1.2950 support zone could create an ABC zigzag towards 1.32 whereas a bearish break aims at 1.2750.

Check out the video below for the full analysis and trade plans on 20 – 21 Jan 2020:

• 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
Elite CurrenSea