EUR/USD, GBP/USD Analysis & Setups 8 – 13 Nov 2021

The EUR/USD made a bearish price swing but was unable to break and close below 1.15 support. A bullish retracement now seems likely. The GBP/USD bearish impulse made a Doji candlestick pattern at the previous bottom and is also expected to retrace upward.

If you think our videos, analysis, and education can help you become a better trader, then you can ask your own questions via our form and we will answer them in the weekly live webinar every Tuesday.

EUR/USD & GBP/USD Overview

The EUR/USD could be aiming at a target around 1.1750-1.18, which is the next key decision zone.

The GBP/USD will probably aim for the resistance trend line at 1.3750.

Check out the video below for the full analysis and trade plans on 8 – 12 Nov 2021:

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

Good trading,

Chris Svorcik
CTA