GBP/USD: Remains within multi-month range


EUR/USD Consolidates near channel resistance. EUR/USD consolidates close to the resistance of an hourly rising channel after breaking clear of the prior swing high at 1.3322, a move which signalled completion of a corrective pullback to 1.2976 on 16th February. The move over 1.3322 should be the trigger for further gains going forward, with support at 1.3140/1.3322 (weekly gap/old swing high) seen holding for an attack on 1.3510/1.3524 (reaction high/channel resistance) ahead of the 200 day

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