EUR/USD supported by EUR/crosses, GBP weighed down – FXMarketAlerts

FXStreet (Barcelona) - The FXMarketAlerts Team gives the outlook and key levels for EUR/USD and GBP/USD.

Key Quotes

"GBP/USD at 1.5155-60, range of 1.5136 to 1.5165 so far. GBP/USD weighed after failure to break 1.55 handle, then weaker GDP, PMI and now with election uncertainty drawing near. Stops below 1.5100."

"EUR/USD at 1.1188-89, supported by recent squeeze up in EUR/Crosses - EUR/GBP, EUR/JPY, EUR/NZD, EUR/AUD, EUR/CHF - given some hopes of Greece deal. Offers at 1.1200-10/50, bids at 1.1140-50, stops below."

Outlook for AUD and crosses – ANZ

FX Strategists at ANZ share the fundamental outlook and the expected ranges for AUD crosses, and believe that US NFP will decide the fate for the Aussie.
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NZD/USD bearish target at 0.7420 – Westpac

Imre Speizer of Westpac, sees further weakness ahead for NZD/USD, targeting 0.7420 levels in the near-term, and 0.72 over the next 3 months.
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