FXstreet.com (Barcelona) - According to Gareth Berry, FX strategist at UBS, while resistance for the GBP/USD holds at 1.5734, "the risk is for a move towards 1.5464 and then 1.5404." For the USD/JPY, the strategist believes that "A move below 79.14 would be an important bearish development and
triggers weakness towards 78.79 ahead of 77.66. Resistance is at 80.62." Finaly, for the AUD/USD: "Friday’s sharp rally cleared 1.0219 – suggesting scope for a prolonged recovery towards 1.0279 and then 1.0369. Near-term support lies at 0.9969." He forecasts.
triggers weakness towards 78.79 ahead of 77.66. Resistance is at 80.62." Finaly, for the AUD/USD: "Friday’s sharp rally cleared 1.0219 – suggesting scope for a prolonged recovery towards 1.0279 and then 1.0369. Near-term support lies at 0.9969." He forecasts.
