EUR/USD: Neutral: Room for further EUR strength towards 1.0800. As noted in recent updates, we expect EUR to remain supported in the short-term as long as 1.0500 is intact. Upward momentum has improved further with the move above last week’s peak of 1.0684 and from here, the current EUR strength could extend further towards 1.0800. The ‘key’ short-term support is at 1.0590 (from 1.0500) with 1.0640 acting as a minor support. GBP/USD: Neutral: Rebound to extend further towards 1.2480. While we highlighted that we were uncertain whether the recent GBP weakness could be sustained, the spectacular rally yesterday was ... (full story)