The EUR/USD is approaching again the support zone around 1.1430-1.1450 which is a key bounce or break spot. Bearish break aims for 1.13 whereas bullish break aims for 1.1730. The GBP/USD showed a bearish breakout and is looking for more downside if the retracement stays below the 50% Fib resistance. Check out our premium offer when trading with XM via ECS.
This article shows two videos. The EUR/USD video is the second video:
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See our EUR/USD, GBP/USD video of 23-242 October 2018.
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Check out the video below for the full analysis and trade plans on 23-24 Oct 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