EUR/USD: Bearish: To take partial profit at 1.1145. While the break below 1.1230 bodes well for our bearish EUR view, the downward momentum is not as impulsive as we would like and this coupled with the strong support at 1.1145 suggests that EUR may struggle to move below this level. As such, those who are short may like to take partial profit at this level. GBP/USD: Neutral: Daily close above 1.4455/60 would shift outlook to bullish. The undertone for GBP is clearly positive but as mentioned in recent updates, only a daily closing above 1.4455/60 would indicate that the month long neutral phase has shifted to ... (full story)