? EUR/USD, GBP/USD Analysis & Setups 19-20 Sep ’19 ?
Hi Traders,
the EUR/USD is waiting for a clear break below 1.0985 or above 1.1075 before the next direction is clear. The GBP/USD is showing divergence in an uptrend and a reversal could occur.
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The EUR/USD is building a triangle chart pattern, which indicates indecision. A bullish breakout aims for 1.1125 and 1.1180 where a bearish break aims for 1.0925 and 1.08.
The GBP/USD is building a rising wedge reversal chart pattern at 1.25 resistance. A bullish push up seems limited to 1.2550-75 whereas a bearish reversal aims for 1.24 and then 1.23.
Check out the video below for the full analysis and trade plans on 19-20 September 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
