EUR/USD: Bearish: Diminished odds for further down-move. We mentioned in recent updates that EUR has to move below the 1.1230 support soon or risk a rapid loss in downward momentum. The scenario is playing out and the strong rebound yesterday has clearly diminished the odds for further down-move but only a move above the 1.1395 stoploss would indicate that a short-term low is in place. GBP/USD: Neutral: Daily close above 1.4455/60 would shift outlook to bullish. We have held a neutral view on GBP for close to a month now and since then this pair has traded choppily within a broad 1.4000/1.4455 range (see chart ... (full story)