Eurusd/gbpusd - page 2220

 
I think that it is a limited move. Ranging as usual
 
EUR/USD is still consolidating sideways between 1.1200 and 1.1220 but it also just formed an obvious hammer candlestick on the four-hour time-frame, so I expect a new move to the upside.
 
The pair's correction movement continues, bouncing around 1.121 level with very little progress. Immediate support level can be found at 1.1180/90 zone, break below could lead to further decline.
 
Gbp/Usd is in a consolidation mood with a limited upside. Pounds stay well in the range between 1.2910 to 1.3120.
 
EUR/USD is caught in a very tight range between 1.1230 and 1.1190. Later today the FED Chair Janet Yellen will speak at the Minority Bankers Forum in Kansas City, that event will likely cause enough volatility to end the range.
 
Yellen tells nothing - she does not know anything new
 
Friday profit collecting. No return today
 
After several days of tight range EUR/USD finally broke below 1.1200, next target is likely around 1.1150 - 1.1140.
 

It is all about DB now.

Friday was end of the moth fix - rebound was expected after rigging the results for the fix

 
The pair continues its sideway movement in a range between 1.112 to 1.133, but the lack of directional momentum probably will end with all focus turn to ECB's minutes and US Payrolls this week.
Reason: