? EUR/USD, GBP/USD Analysis & Setups 21 – 22 Nov ’19 ?
Dear Traders,
the EUR/USD is building a bull flag chart pattern and a break above 1.1080 confirms the continuation. GBP/USD needs to test the support but remains bullish too.
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The EUR/USD must remain above 1.1050 otherwise a deeper bearish retracement could take place. A bullish breakout is aiming for anything between 1.11 and 1.1250.
The GBP/USD break below 1.2885 indicates a bearish ABC pattern whereas a bounce at the 1.29 support could indicate a retest of 1.30.
Check out the video below for the full analysis and trade plans on 21 – 22 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
