? EUR/USD, GBP/USD Analysis & Setups 21-23 June ’18 ?

Dear traders, the EUR/USD remains bearish and an immediate downtrend continuation is possible this week. The GBP/USD remains bearish too and could be aiming at 1.30, although a rate decision is planned for Thursday.

The EUR/USD seems ready for a bearish breakout towards the next main 50% Fibonacci level from the weekly chart at 1.1450. Price seems to be building a consolidation pattern after strong bearish momentum.

The GBP/USD also broke, retested and bounced at the 1.32 support level that is resistance. A new bearish breakout is possible towards 1.30 but an interest rate decision on Thursday could make the GU very volatile.

Check out the video for the full analysis and trade plans on 21-23 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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