Outlook in GBPUSD remains neutral with risk to the upside as long as 1.5342/1.5393 support holds on a daily closing basis , resistance comes at the 1.5539/1.5619 levels , a halt is likely , but a break would 1.5785 next , further upside will target the 1.5941 levels ..

On the downside , support comes at the 1.5393 levels ahead of the 1.5342 levels (main) , losing the 1.5342 levels on a daily closing basis will suggest short term topping and reverse risk to the downside towards the…

Outlook in EURUSD remains on the downside as long as 1.1379 resistance holds on a daily closing basis , support comes at the 1.1087 levels , a halt is likely , but a cut would open 1.0966 next , further down will target the 1.0835 levels.

On the upside , resistance comes at the 1.1278 levels ahead of the 1.1379 levels (main) , stability below both levels will keep the pair under pressure , however , sustained breakout – daily closing above the 1.1379 levels will suggested short term…

Despite rejection from 1.5539 levels , outlook in GBPUSD remains on the upside , resistance comes at the 1.5539 levels , sustained breakout – daily closing – above this level will target 1.5619 levels , a halt is likely , but a clear break will pave the way towards the 1.5785 levels , further upside will target the 1.5941 levels …

On the downside , support comes at the 1.5393 levels , a failure to hold below the 1.5393 levels  on a daily closing basis could mean a return to the 1.5551…

Finally , the EURUSD broke out of sideways range yesterday , topped at the 1.1379 levels and bottomed at the 1.1182 levels . This development leaves the pair targeting the 1.1087 levels , a halt is likely but a cut would open 1.0965 next , further down will target the 1.0835 levels .

On the upside , resistance comes at the 1.1278 levels ahead of the 1.1379 levels (main) , stability below both levels will keep the pair under pressure , however , sustained breakout – daily closing above…