EUR/USD: Shift from neutral to bearish: Target at 1.1065/70.* The clear break below 1.1160 finally shifted the outlook for EUR to bearish. From here, we have an immediate objective of 1.1065/70. In order to maintain the current momentum, any short-term rebound should not move back above 1.1210. GBP/USD: Neutral: In a 1.2980/1.3210 range. We shifted to a neutral stance for GBP yesterday and there is no change to the view. The outlook for the next couple of weeks appears to be neutral and we expect GBP to trade sideways, likely within a broad 1.2980/1.3210 range. That said, the immediate bias is on the downside and the ... (full story)