EUR/USD
Current level – 1.1095
The currency pair bounced up from the support zone 1.1065-1.1070 and is now trying to break the minor resistance level at 1.1100. А successful break above this area could send the EUR higher towards the next resistance level at 1.1140. However, on the downside the support at 1.1065 plays a key role and, if broken, an increase of the downward momentum could be expected. This should bring an end to the short-term uptrend and push the pair towards the next support at 1.0990.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1100 | 1.1240 | 1.1060 | 1.0960 |
| 1.1170 | 1.1270 | 1.1020 | 1.0880 |
USD/JPY
Current level – 108.95
The currency pair managed to break through the resistance level at 108.90 and end the consolidation as bulls remain strong. Expectations are for a rise towards the first minor resistance at around 109.30, followed by the next resistance around 109.70 where sellers might return and try to push the pair down. First support lies at around 108.50, followed by 108.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.30 | 109.70 | 108.90 | 107.85 |
| 109.70 | 110.00 | 108.50 | 107.00 |
GBP/USD
Current level – 1.2845
As has been the case recently, traders will mostly focus on UK politics. Currently the price is trying to stay above the support level at 1.2785 as a minor support seems to be forming near the current levels. However, a breakthrough of 1.2785 could lead to further moves to the downside and a test of the main support at 1.2550. If the price manages to stay above the support zone 1.2785, another attack of the resistance area at 1.3000 is probable.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2945 | 1.3180 | 1.2780 | 1.2560 |
| 1.2990 | 1.3300 | 1.2700 | 1.2400 |
