EUR/USD and GBP/USD overview [Video]

EUR/USD is testing the Fibonacci resistance zone after a strong bearish impulse.
The GBP/USD is testing a key support zone after creating a choppy sideways zone.

Chris Svorcik Elite CurrenSea

The EUR/USD needs a clear bearish bounce at the shallow Fibonacci levels to confirm a potential bearish wave 3-4 pattern.

The GBP/USD needs a bearish breakout below the support zone or a bearish bounce at the resistance zone.

Check out the video below for the full analysis and trade plans on 14 - 16 June 2021:

EUR/USD, GBP/USD technical analysis: patterns, trends, key S&R levels.

Explanation of potential trade ideas both up and down.
Beginner friendly, explaining concepts in more detail.

Author

Chris Svorcik

Elite CurrenSea

Experience Chris Svorcik has co-founded Elite CurrenSea in 2014 together with Nenad Kerkez, aka Tarantula FX. Chris is a technical analyst, wave analyst, trader, writer, educator, webinar speaker, and seminar speaker of the financial markets.

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