GBP/USD: The British pound has rallied during the course of the trading we, as it looks like we are trying to get to the 1.25 level. If we can break above there on a daily close, then the market could you look into the 1.30 level given enough time. All things being equal, the market looks as if the 1.20 level underneath is a major support level. {chart} EUR/USD: The euro took off to the upside during the course of the week to test the previous uptrend line as resistance. The 1.09 level above could be a major barrier that if we were to overcome, the market could go looking to the 1.10 level. After that, the market ... (full story)