Hi Traders,
the EUR/USD made a bullish continuation and is aiming for the next target at 1.1175. The GBP/USD is surging higher as it approaches 1.30. A bullish continuation is likely but a retracement pattern is needed.
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The EUR/USD needs a retracement back to 1.1075 before a new upside towards 1.1175 is likely.
The GBP/USD bulls could push it up again to 1.30 but a triangle or flag pattern is key.
Check out the video below for the full analysis and trade plans on 17 – 19 October 2019:
Good trading,
Chris Svorcik
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