🎦 EUR/USD, GBP/USD Analysis & Setups 28 – 29 Apr ’19 🎦

2 min read

Hi Traders, both the EUR/USD and GBP/USD made bearish breakouts and are currently building bullish pullbacks. Chris discusses his trade ideas for shorting both pairs.

If you think our videos, analysis and education help you become a better trader, then we would certainly apprecaite your review on Forex Peace Army, thank you!
The EUR/USD remains bearish as long as price stays below the broken support zone of 1.1180-1.1200. A bearish bounce and breakout seems likely when considering the strong dowtrend.

The GBP/USD also shows a bearish breakout below the support of the descending wedge pattern. The Cable made a bullish zigzag correction, which seems to be bouncing at the 144 ema resistance.

Check out the video below for the full analysis and trade plans on 28 – 29 April 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

Elite CurrenSea

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Thanks for analysis, highly appreciated. πŸ‘πŸ‘πŸ‘πŸ‘πŸ‘