Credit Suisse discusses its near-term bias on EUR/USD, GBP/USD, and EUR/GBP.
"we can now see EURUSD push beyond its 200-day MA at 1.1012 and make a run towards our new near-term target of 1.1200. We continue to target GBPUSD 1.20 medium term and have also shifted our EURGBP target up to 0.93, in light of an improved tone to intraEuropean debt mutualisation discussions," CS adds.
"we can now see EURUSD push beyond its 200-day MA at 1.1012 and make a run towards our new near-term target of 1.1200. We continue to target GBPUSD 1.20 medium term and have also shifted our EURGBP target up to 0.93, in light of an improved tone to intraEuropean debt mutualisation discussions," CS adds.