EUR/USD, GBP/USD Analysis & Setups 14 – 15 Dec 2020

Forex Trader, Analyst, Educator • Dec 14, 2020 at 8:28 AM EST

The EUR/USD is looking for a clear breakout above the bull flag or a retest of the support zone at 1.20. The GBP/USD looks bullish as well but price action needs to build a bull flag pattern above the 21 ema zone.

EUR/USD & GBP/USD Overview

The EUR/USD is in a strong uptrend and a continuation is likely. A breakout or retracement, however, is needed to confirm it.

The GBP/USD is aiming for the 1.3750 – 1.40 target zone as long as price action remains above the 1.1350 support..

Check out the video below for the full analysis and trade plans on 14 – 15 Dec 2020:

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

EUR/USD, GBP/USD video:

Video Length: 00:08:25

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