EUR/USD, GBP/USD Analysis & Setups 15 – 16 Mar 2021

The EUR/USD is expected to test the support Fibs which is a key decision zone. The GBP/USD is looking to build a bullish ABC pattern.

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EUR/USD & GBP/USD Overview

The EUR/USD is building a bearish breakout but the Fibonacci levels could be strong support. The reaction at the Fibs will decide the next price swing.

The GBP/USD is also looking for either a bullish breakout or bullish bounce. The main target for the bulls is 1.4060-1.4140.

Check out the video below for the full analysis and trade plans on 15 – 16 Mar 2021:

EUR/USD, GBP/USD technical analysis: 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

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Good trading,

Chris Svorcik
CTA