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EUR/USD, EUR/JPY and GBP/USD resume their ascent

​​​EUR/USD, EUR/JPY and GBP/USD resume their ascent​ amid Bank of England (BoE) and Fed talk.​

EUR Source: Getty Images
City Motion Forex EUR/USD GBP/USD EUR/JPY Japanese yen
Written by: Axel Rudolph | Market Analyst, London
Publication date:

​​​EUR/USD resumes its rally

​EUR/USD resumes its ascent and tries to overcome last week's high at $1.0895, above which beckons the March peak at $1.0981.

​Immediate upside pressure will be maintained while Friday's low at $1.0836 underpins. Further minor support can be seen along the breached downtrend line at $1.0824.

EUR/USD chart Source: TradingView.com
EUR/USD chart Source: TradingView.com

​GBP/USD rally continues

​GBP/USD trades in two-month highs with the $1.29 region in focus.

​Potential slips may find support around Friday's low at $1.2645.

GBP/USD chart Source: TradingView.com
GBP/USD chart Source: TradingView.com

​EUR/JPY continues to rise

EUR/JPY's recovery from Thursday's ¥167.34 low has taken it towards the ¥170.00 mark.

​The cross remains immediately bullish while above ¥167.34.

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

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