EUR/USD: Bullish: Target 1.1600, next key level at 1.1710. We highlighted last Friday that a daily close above 1.1400 would indicate the start of a move to 1.1465. This level was easily exceeded as EUR surged to a high of 1.1536 yesterday. The next target from here is at 1.1600 and a clear break above this level would shift the focus to the August 2015 peak of 1.1710. GBP/USD: Bullish: Next target at 1.4815. The 1.4670 profit-taking level indicated in recent updates was exceeded last Friday with a high of 1.4672. GBP dipped to a low of 1.4590 after that but the subsequent strong upmove suggests that the bullish phase ... (full story)