The Risk Today:
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EurUsd momentary bull signal sees initial support at 1.2828 (38.20% retracement on 1.2561 – 1.2993 move. Further pressure on Euro will see 1.2777. On the upside if morning high of 1.2993 is broken it will open the way for Feb 10th high of 1.3092.

GbpUsd Risk appetite benefitting the Sterling gaining almost 5 figures since Friday – with a notable weekend gap. Break above Feb 13th high of 1.4607 leaves the doors open for 1.4989. On the downside 1.4320 is mid-term support – slight support at 1.1.4467 (38.20% retracement).

UsdJpy continued impetus for Yen decline has seen the pair rise somewhat uncapped recently. Initial support at 94.44. 94.93 level would lead the way higher.

UsdChf pair snaps back from 1.1885. Solid support at 1.1467. On the upside 1.1674 stands as short term resistance on 1.1885 – 1,1463