The EUR/USD is still in bullish territory due to the double bottom chart pattern and overall market structure but price action is choppy and is struggling to break above the 21 ema zone on the daily chart. Any bearish price action is likely to be a retracement for a bullish push unless price breaks below 1.13. The GBP/USD seems close to completing a 5th wave and could build an ABC retracement. A larger bullish ABC seems to be taking place as well. Check out our ultimate Support & Resistance guide.
Check out the video below for the full analysis and trade plans on 8-10 Nov 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