EUR/USD, GBP/USD Uptrends Face ABC Corrections

February 5, 2018

By Admiral Markets

Hi trader,

The EUR/USD and GBP/USD bullish momentum is fading. Is price preparing for a reversal or will the bearish price action turn out to be a retracement for more uptrend? The USD/JPY is also analysed for chart and price patterns.

Watch the 9 min video here:

Many green pips,

Chris Svorcik

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Article by Admiral Markets

Source: EUR/USD, GBP/USD Uptrends Face ABC Corrections

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

 

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