EUR/USD: Bearish: Expect solid support at 1.1100. There is not much to add as EUR spiked to a high of 1.1213 yesterday but eased off quickly to end near the day’s low. The outlook is still bearish but as highlighted in recent updates, any decline is expected to encounter solid support at 1.1100. GBP/USD: Bearish: To take partial profit at 1.2930. GBP extended its decline to touch a low of 1.2947 yesterday. As highlighted in recent updates, while the recent drop is clearly oversold, the down-move appears to have scope to extend lower to 1.2930. This is a strong support level and those who are short may likely to take ... (full story)