EUR/USD: Neutral: Positive outlook as long as above 1.0500. EUR registered an ‘inside day’ last Friday and there is no change to our view wherein we deem the short-term outlook as ‘positive’ as long as the key 1.0500 support is intact. However, it is unclear at this stage if EUR can move higher in a sustained manner (even though technically the next significant resistance is at the 1.0872 high seen in early December). GBP/USD: Neutral: Room for extension lower to 1.1900. We turned neutral last Friday after when the bearish stoploss was taken out at 1.2290. The gap lower this morning was clearly unexpected and the ... (full story)