? EUR/USD, GBP/USD Analysis & Setups 10 – 11 Feb ’19 ?

3 min read

Hi Traders, the EUR/USD is breaking below the 21 ema for the 2nd time, which is making a bearish breakout more likely. A close below 1.1270 is needed to confirm it. The GBP/USD seems to be building a bullish ABC zigzag pattern. Do you want to leave your feedback? Please write a review on Forex Peace Army. Ps. do not forget to check out our upcoming 4x Forex seminars on trading in Europe!

The EUR/USD would need to break above 1.14 before any bullish trade setups towards 1.15 are likely. A bearish breakout is aiming for the round level of 1.10 and the -27.2% Fibonacci target at 1.0860.

The GBP/USD seems to be ready for one more bullish swing towards the -27.2% Fibonacci target but remains vulnerable to price volatility based on Brexit news.

Check out the video below for the full analysis and trade plans on 10 – 11 Feb 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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