? EUR/USD, GBP/USD Analysis & Setups 24-25 June ’18 ?

2 min read

The EUR/USD, GBP/USD pairs continued with the downtrend last week but showed strong bullish reversals on the last trading day. The momentum is indicating that a larger bullish retracement is possible and likely.

The EUR/USD is probably ready for building a bullish ABC correction. The first target is aimed at the resistance zone around 1.18 but a break below 1.15 would invalidate that pattern.

The GBP/USD is in a similar structure and situation where a bullish reversal is becoming more likely unless price breaks below the 1.31 support zone.

Check out the video for the full analysis and trade plans on 24-25 June 2018:

  • 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

See the video below for all of the details

Good trading,

Chris Svorcik

Elite CurrenSea


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