The EUR/USD is building a descending wedge chart pattern within a bearish ABC zigzag pattern.
The EUR/USD is building a descending wedge chart pattern within a bearish ABC zigzag pattern. The GBP/USD volatility is indicating that a breakout is around the corner. The bears seem to have an edge when considering the rising wedge.

EUR/USD & GBP/USD Overview
Check out the video below for the full analysis and trade plans on 1 – 2 Feb 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

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