EUR/USD: Neutral: Upside risk is greater but in a 1.0725/1.0935 range for now. We continue to hold the view that EUR is consolidating its gains (after spiking to a high of 1.0935 early yesterday) and is expected to trade sideways for now, likely holding between 1.0725 and 1.0935. Near-term bias is tilted to the upside but EUR has to move clearly above 1.0935 to indicate that a move towards 1.1000 has started. GBP/USD: Bullish: Overbought but room for extension to 1.2950. GBP eased off quickly after spiking to a high of 1.2910 early yesterday.Upward momentum is showing signs of waning and this pair has to quickly ... (full story)