EUR/USD, GBP/USD Arrive at Critical Decision Zones

October 16, 2017

By Admiral Markets

EUR/USD uptrend remains intact as long as price stays above two key support zones at 1.18 and 1.17 whereas the GBP/USD could be ready for a larger bearish breakout. The USD/JPY is in bearish reversal that could fall towards the 61.8% Fib.

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Many green pips,

Chris Svorcik

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Article by Admiral Markets

Source: EUR/USD, GBP/USD Arrive at Critical Decision Zones

Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.

 

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