the EUR/USD is in a strong bearish wave 3 and the downtrend is expected to continue. The GBP/USD is likely to stay in the range between 1.2850 and 1.3075.
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The EUR/USD is expected to continue with the downtrend after completing the wave 4, which could go as deep as 1.0875. The next targets are 1.0750 and 1.0575.
The GBP/USD could make a bullish break towards 1.30 and 1.3050 or a bearish breakout towards 1.2875.
Check out the video below for the full analysis and trade plans on 24 – 25 Feb 2020: