✅ EUR/USD, GBP/USD Analysis & Setups 8 – 10 Jan ’20 ✅

2 min read

Dear Traders,

the EUR/USD showed bearish momentum but a breakout is needed. A break above 1.1205 indicates bull control. The GBP/USD is building a triangle pattern and a bearish ABC within wave C is likely.

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The EUR/USD break above 1.1168 makes a bearish 5 wave pattern unlikely. A bearish breakout is aiming first at 1.11, then at 1.10. A bullish breakout is aiming at 1.1275.

The GBP/USD is expected to either break below 1.31 or make a bearish bounce at 1.3250.

Check out the video below for the full analysis and trade plans on 8 – 10 Jan 2020:

  • 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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