EUR / USD and GBP / USD analysis for April 27, 2020. Markets Expect First-Quarter GDP in America and Signal Future Fed Action
On April 24, Friday, the EUR / USD pair gained about 40 base points and attempted to complete the construction of the alleged wave 2, which took a 3-wave form. If this assumption is correct, then from the current positions the tool will resume the construction of the ascending wave C, the minimum targets of which are located around 11 figures.
Jeff Wecker