The EUR/USD is testing a key decision zone at 1.1340. A bullish bounce could confirm an ABC zigzag pattern whereas a bearish break on the daily chart could see indicate more downside pressure. The GBP/USD downtrend remains strong and is likely to continue towards the next target and decision zone at 1.27. Check out our premium offer when trading with XM via ECS.
This article shows two videos. The EUR/USD + GBP/USD summary is the second video:
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See our EUR/USD, GBP/USD video of 30-31 October 2018.
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Check out the video below for the full analysis and trade plans on 30-31 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