EUR/USD, GBP/USD stay bid while EUR/GBP runs out of steam
Outlook on EUR/USD, GBP/USD and EUR/GBP on a data-wise quiet day.
EUR/USD remains bid
EUR/USD is aiming to revisit the $1.079 to $1.0812 resistance zone. While the early May low at $1.065 underpins, this resistance area is expected to eventually give way with the December-to-May downtrend line at $1.0838 being eyed next.
GBP/USD continues its advance
GBP/USD probes the $1.2539-41 minor resistance area above which the 55-day SMA can be found at $1.2601.
The cross is deemed to be bullish while trading above its $1.2466 early May low.
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