Hi Traders, the EUR/USD is making a bearish pullback after a key break above 1.15. The retracement is likely to bounce at the support zone around 1.14-1.1450 for a bullish continuation. The GBP/USD could continue higher till 1.30 but has a key vote in the UK on the Brexit deal on Tuesday. Do you want to leave your feedback? Please write a review on Forex Peace Army.
The EUR/USD is moving back into the consolidation zone but a bullish reversal could take place around 1.1350 or 1.14 for a continuation towards the Fibonacci targets at 1.1750.
The GBP/USD remains vulnerable as the Brexit vote in the UK looms.
Check out the video below for the full analysis and trade plans on 15-16 Jan 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