EUR/USD, GBP/USD analysis & setups [Video]

Chris Svorcik Elite CurrenSea

The EUR/USD is in a downtrend channel but the previous bottom of the daily chart could soon provide support. The GBP/USD is also expected to make a lower low unless a clear bullish daily candle emerges.
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EUR/USD & GBP/USD Overview

The EUR/USD made several lower lows. A new lower low is expected and could fall as deep as 1.1750 or 1.1630.
The GBP/USD is looking for a mild pullback and bearish continuation before falling further and making a new low.
Check out the video below for the full analysis and trade plans on 19 - 26 July 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

EUR/USD & GBP/USD Video

The analysis has been done with the ecs.SWAT method and ebook.

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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