✅ EUR/USD, GBP/USD Analysis & Setups 24-25 Oct ’19 ✅

2 min read

Hi Traders,

the EUR/USD made a bullish bounce at the 38.2% Fibonacci retracement level and is now trying to make a bullish breakout. The GBP/USD remains trapped in a tough spot with key 1.30 resistance and 1.28 support.

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The EUR/USD needs a clear breakout above 1.1150 for a continuation towards 1.1250-1.13 target zone. A break below 1.11 could indicate a bearish retracement.

The GBP/USD needs a clear breakout away from the decision zone, otherwise it could keep moving sideways in the consolidation zone.

Check out the video below for the full analysis and trade plans on 24 – 25 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

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