Danske Bank - "This week we recommend buying EUR/GBP for a 0.8886 objective and selling USD/TRY for a 1.7340 target:
EUR/GBP – play for trend continuation
Strategy summary – buy at market (.8585) for an objective of .8886. Place stop at .8510.
USD/TRY – retests the broken triangle base ahead of fresh losses
Strategy summary – look for a fall to 1.7340, then a medium-term bear extension
towards the 1.6250/1.6180 area. Place a stop loss above 1.8100."