EUR/USD: Neutral: In a 1.0550/1.0750 range. While downward momentum has improved with the rather sharp drop yesterday, the outlook for EUR is still viewed as neutral. That said, a move below the low end of the expected sideway consolidation range of 1.0550/1.0750 would not be surprising but EUR has to close below the recent 1.0515 low before a sustained down-move can be expected. In the meanwhile, this pair is expected to stay under pressure unless it can reclaim 1.0665/70 soon. GBP/USD: Neutral: Back in a 1.2300/1.2600 range. [No change in view] We have held a neutral view on GBP for close to 2 weeks now. The price ... (full story)