🌟 EUR/USD, GBP/USD Analysis & Setups 30 Apr – 1 May ’19 🌟

2 min read

Hi Traders, EUR/USD is building a bullish ABC retracement within the downtrend and is looking for a bearish breakout as long as price stays below 1.1250. The GBP/USD is also looking for a bearish continuation.

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 downtrend continuation becomes more likely if price is able to show clear bearish candlesticks patterns at the 21 ema or break below the 21 ema zone.

The GBP/USD is also showing a potential bearish breakout, pullback and continuation pattern but the volatility and news events this week do make the breakout more vulnerable and less reliable unless clear bearish candlesticks confirm the break.

Check out the video below for the full analysis and trade plans on 30 April – 1 May 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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