EUR/USD, EUR/GBP and GBP/USD remain bid
EUR/USD, EUR/GBP and GBP/USD remain bid amid FOMC member speeches.
EUR/USD tries to break through key resistance
EUR/USD is still trying to break through its major $1.0461 to $1.0533 resistance area which needs to be overcome, for a medium-term bullish reversal to be confirmed.
Minor support remains to be seen at last week's $1.0401 low and along the 55-day simple moving average (SMA) at $1.0394 as well as at the 23 January low at $1.0372.
EUR/USD daily chart
EUR/GBP recovers
EUR/GBP gradually bounces off its late December low at £0.8264. The 10 February low at £0.8310 and the 55-day SMA at £0.8330 remain in sight. Further up lies last week's £0.8352 high.
A fall through £0.8264 would put the December low at £0.8223 on the cards.
EUR/GBP daily chart
GBP/USD probes minor resistance
GBP/USD still has the mid-December high at $1.2729 in view. This will remain the case while last week's low at $1.2564 underpins.
GBP/USD daily chart
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