EUR/USD, GBP/USD Analysis & Setups 19 – 26 July 2021

Forex Trader, Analyst, Educator • Jul 19, 2021 at 7:13 AM EDT

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.

10 and one 10 us dollar bill

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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
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: 00:08:49

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