EUR/USD: Shift from bullish to neutral: In a 1.1190/1.1370 range. As highlighted yesterday, unless EUR can move and stay above 1.1310/15, the bullish outlook would shift to neutral. While further EUR strength would not be surprising further out, the current price action suggests that this pair has entered a consolidation phase and only a clear break out of the expected 1.1190/1.1370 sideway trading range would indicate the start of directional move. GBP/USD: Bullish: Target 1.3370/75. We turned bullish GBP yesterday and there is no change to the view. The immediate target and stop-loss remains unchanged at 1.3375 and ... (full story)