UBS - USDJPY current setback is to unwind the overextended upside conditions; GBPUSD a break below 1.5956 would be negative, exposing 1.5883.

UBS - "USDJPY BULLISH The current setback is to unwind the overextended upside conditions. Support at 87.45 should hold. Resistance is at 90.00 ahead of 94.14.
GBPUSD NEUTRAL The pair is approaching a strong support at 1.5956; a closing break below would be negative, exposing 1.5883. Resistance is at 1.6081 ahead of 1.6179."

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Tags: GBP/USD, GBPUSD, UBS, USD/JPY, USDJPY

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