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EUR/USD, GBP/USD Analysis & Setups 31 Mar – 2 Apr 2021

By:
Chris Svorcik
Published: Mar 31, 2021, 10:02 GMT+00:00

EUR/USD bearish breakout reached the main target zone at 1.17, which is where a strong bullish has occurred. How far can the bullish reversal go?

GBP/USD

In this article:

The EUR/USD bearish breakout reached the main target zone at 1.17, which is where a strong bullish has occurred. How far can the bullish reversal go? The GBP/USD is also showing signs of a bullish reversal back up.

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EUR/USD & GBP/USD Overview

The EUR/USD bullish rebound is aiming at the Fibonacci targets at 1.1850 and 1.1950.

The GBP/USD is also expected to build a bullish price swing with targets at 1.3880 and 1.3950.

Check out the video below for the full analysis and trade plans on 31 Mar – 2 April 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

For a look at all of today’s economic events, check out our economic calendar.

Good trading,

Chris Svorcik
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About the Author

Chris Svorcikcontributor

Chris Svorcik is co-founder, trader, and analyst with Elite CurrenSea (www.EliteCurrenSea.com) since 2014.

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