EUR/USD: Neutral: Bullish if daily close above 1.1400. We are holding on to the view that only a daily close above 1.1400 would indicate that the start of a sustained up-move towards and beyond last October’s high of 1.1495. In the meanwhile, this pair is expected to remain underpinned with support at 1.1330 but only a break back below 1.1270 would indicate that a short-term top is in place. GBP/USD: Neutral: Upward pressure has eased, back in a broad 1.4050/1.4450 range. The break of the 1.4250 support last Friday indicates that the recent upward pressure has eased. The price action was not surprising as we have ... (full story)