EUR/USD, GBP/USD Bullish Break or Bearish Bounce

November 20, 2017

By Admiral Markets

Hi traders,

The EUR/USD is testing the support at 1.1725 and resistance at 1.18 and will break above or below S&R. The GBP/USD is still in a long-term sideways range whereas the USD/JPY bearish reversal is finally taking place as it approaches the 38.2% Fib support.

Watch the 9 min video here:

Many green pips,

Chris Svorcik


Free Reports:

Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.





Follow @ChrisSvorcik on twitter for latest market updates.
Connect with Chris Svorcik on Facebook for latest Forex and education tips.

Article by Admiral Markets

Source: EUR/USD, GBP/USD Bullish Break or Bearish Bounce


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