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GBP/USD: Bullish, 1.5720 target - UOB

FXStreet (Guatemala) - Analysts at UOB Group offered a trade set up in GBP/USD.

Key Quotes:

"Portfolio wise, the long GBP/USD at 1.5565 cash position which we initiated overnight started well, touching intra-day high of 1.5659 (hitting our first
target of 1.5640) before easing off back to entry later part of the session. We have since adjusted the target higher to 1.5720 while keeping the stop at 1.5460."

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EUR/USD: 1.1050 key bearish target - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the American dollar edged sharply higher across the board this Monday, with a shy advance at the beginning of the day becoming a strong recovery that erased all of its post-FED's losses.
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