Hi Traders,
the EUR/USD has reached the first target at 1.14 and could make a bearish pullback to 1.1350 for a bullish continuation towards 1.15. The GBP/USD bullish impulse has reached a solid resistance zone at the 38.2% Fibonacci retracement level at 1.2750.
If you think our videos, analysis and education help you become a better trader, then we would certainly appreciate your review on Forex Peace Army, thank you!
The EUR/USD is currently in a wave 3 impulse and price is expected to build a pullback within a wave 4 pattern.
The GBP/USD seems to have completed 5 bullish waves and is expected to build a bearish ABC zigzag back to the support zone at 1.26-1.2650 for a new move up towards 1.2840-50.
Check out the video below for the full analysis and trade plans on 25-26 June 2019:
Good trading,
Chris Svorcik
Leave a Reply