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

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

 

Disclaimer: The opinions in this article are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit ...

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