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A technical snap shot at the majors - RBS

FXStreet (Barcelona) - Analysts at RBS gave us a technical snap shot at four of the key major FX pairs.

Key Quotes:

EUR/USD: RSI and candlesticks suggest reversal, but near-term may see 1.25 re-tested”.

GBP/USD: A break of 1.5919 may see 1.5708/20 tested with risks of dropping to 1.5350”.

EUR/GBP: Reversal from a key level of 0.777 confirmed, more upside to come, watch 0.8014”.

USD/JPY: Correction to see support at 106.57 and 105.52, offering buying levels”.

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