EUR/USD, GBP/USD Analysis & Setups 25 – 27 Nov 2020

Forex Trader, Analyst, Educator • Nov 25, 2020 at 7:27 AM EST

The EUR/USD is testing the 21 ema zone after breaking above 1.19. Will it bounce or break? The GBP/USD is building a consolidation zone between 1.3250 and 1.33.

EUR/USD & GBP/USD Overview

The EUR/USD needs to break above the 1.19 resistance again before a push higher to 1.20 is possible. A break below the 21 ema could send this pair lower to test 1.1725.

The GBP/USD remains bullish above 1.3280, which is the key bull – bear line.

Check out the video below for the full analysis and trade plans on 25 – 27 Nov 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: 00:08:53

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