✅ EUR/USD, GBP/USD Analysis & Setups 23-25 Sep ’19 ✅
Hi Traders,
the EUR/USD is moving lower and the bearish breakout is aiming for the double bottom at 1.0925. The GBP/USD is showing a bearish reversal pattern which is aiming for 1.2350 at the very least.
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The EUR/USD remains bearish but the consolidation zone and 1.0925 support needs to break before a larger move lower could be confirmed.
The GBP/USD is either in a bearish ABC zigzag or ABC flat correction. In both cases a bearish wave B seems to be taking place. A bullish move up could create a head and shoulders reversal chart pattern at the 61.8% Fib near 1.2525.
Check out the video below for the full analysis and trade plans on 23-25 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
