EUR/USD, GBP/USD Analysis & Setups 23 – 24 Nov 2020

By Chris Svorcik of Elite CurrenSea
Monday, November 23, 2020 6:40 AM EST

The EUR/USD is looking for a bullish breakout towards 1.20. The GBP/USD already made a bullish breakout and is aiming at 1.35.

EUR/USD & GBP/USD Overview

The EUR/USD is building an ascending wedge chart pattern. A breakout above 1.1890 would confirm the uptrend continuation.

The GBP/USD remains in bullish territory as long as price action remains above 1.3250. The first target is at 1.34 and then 1.3475.

Check out the video below for the full analysis and trade plans on 23 – 24 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: 00:06:58

 

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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