GBP/USD: Expect a break through 1.2800 to challenge 1.2610 area
|EUR/USD Current level - 1.1275
The failure at 1.1350 and the return below 1.1300 static support shows a negative outlook, for a test of 1.1214. A break through November's low will signal a completion of the prolonged consolidation and will challenge 1.1020 area.
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USD/JPY Current level - 111.03
Still positive, for a tight test of 111.45 and an eventual break will allow a climb towards 112.10. Initial support lies at 110.70 and crucial on the downside is 110.20.
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GBP/USD Current level - 1.2863
The sharp pullback after 1.2950 spike shows a bearish bias, for a break through 1.2800, towards 1.2700 zone.
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