The pair lost ground in Asian trading and remained in a selling mood so far this European morning, currently trading at 1.3720. We expect some recovery to come soon, but not above 1.3740. Further downmoves are in the cards today, probably to the 1.3680 mark.
GBP / USD
The pound is under pressure against the dollar in the European morning. Right now priced at 1.5040, we see some buying below the 1.5025 level, bringing the market up to 1.5075. Later more weakness could set in today, to levels below 1.5000.
USD / CHF
Against the Swiss franc, the dollar is in a slow recovery course in the European morning, currently trading at 1.0590. We expect more of the recovery momentum to set in today, up to the 1.0670 mark.
USD / JPY
In an uptrend against the yen, the dollar is now stabilizing at 90.70. We expect selling above the 90.90 level for today, and a range-bound market then, limited between 90.90 and 90.60.







