✅ EUR/USD, GBP/USD Analysis & Setups 28 – 29 Nov ’19 ✅

2 min read

Dear Traders,

the EUR/USD is building bullish correction but the pattern remains bearish. A break below 1.10 could send the EUR/USD lower. The GBP/USD is testing the 1.2970-1.30 resistance zone and expected to bounce.

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The EUR/USD bearish target is 1.0940 where a confluence of Fib levels are visible. A bullish bounce at this support level could confirm a larger bullish correction.

The GBP/USD bearish bounce at 1.30 could send the price back down to 1.2770. A bullish break and close above 1.30 indicates an uptrend.

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