EUR/GBP 4 hour RSI allowing a rally

EUR/GBP could find itself on the verge of a near term move to the upside.

A potential bullish swing failure in the RSI(14) during the last couple days tilted the risk to the upside for the this currency pair. If bulls are able to secure this level, then RSI could roll up above the 50% in the next hours.

USD/JPY now focuses on 121.76/122.04 – Commerzbank

The recent consolidation now prompts the pair to focus on the tough barrier at 121.76/122.04, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank...
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