Dear traders,

Last time I shared with you my thoughts about GBPUSD.

Since then, the price has gone miles away .

I am currently not holding any GBPUSD positions.

On the other hand, I am looking at another major pair- EURUSD.

EURUSD Trading Analysis 19.06.2025

Today, the EURUSD has rejected a major supply zone.

This might mean one of two things.

We will either see a second re-test OR…

We will experience a minor bearish correction.

I am more keen to think the latter.

There is a bearish engulfing pattern on the Daily.

This makes the case for further selling even more compelling.

What I will be looking for today is potentially a 4H rejection or a bearish confirmation.

If that happens, I will be in a better position to take a short position.

I am currently eyeing the 1.1515 level.

If the price re-tests it and this level does not stand, I will be probably looking to get into a short trade.

Happy trading,

Atanas

P.S. Don’t forget, you are JUST one trade away