? EUR/USD, GBP/USD Analysis & Setups 21-23 Oct ’19 ?

Hi Traders,

the EUR/USD is showing strong bullish momentum and a continuation of the uptrend is likely. The GBP/USD price action is also bullish BUT a major 1.30 resistance level is still unbroken.

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The EUR/USD will retest the 21 ema support zone of the 4 hour chart for an uptrend continuation.

The GBP/USD remains bullish above 1.2750 unless strong bearish price action is visible. Traders should be careful of a false breakout above 1.30 and await chart patterns first.

Check out the video below for the full analysis and trade plans on 21 – 23 October 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