EUR/USD: Bearish: To take partial profit at 1.1055. The short-term rebound was stronger than expected and has clearly diminished the odds for a move to our partial profittaking level of 1.1055. However, only a break above 1.1200 would indicate that a short-term low in place. In the meanwhile, those who are shorts should continue to look to take partial profit at 1.1050. GBP/USD: Bullish: Anticipating a break above 1.4770. As long as 1.4550 is intact, further GBP strength towards 1.4770 in the coming days cannot be ruled out just yet. USD/JPY: Shift from neutral to bullish. Target 111.85/90. As indicated yesterday, a ... (full story)