EUR/USD edges higher
The dip buying goes on here, as it has all week for EUR/USD, with the last two days seeing fresh momentum around $1.2340.
The next targets to watch for are $1.2411 and then $1.25. Below $1.2340, $1.23 comes into view, with further support at $1.22 and $1.2165.
EUR/USD price chart
GBP/USD remains under pressure
The busy week for UK data has halted the GBP/USD rally, at least for now, but the creation of a new high on Tuesday still suggests the broader direction of travel is higher.
Possible areas of support can all be found at $1.4145, $1.4070 and then $1.40. While $1.43 and then $1.4361 are the next targets on the upside.
GBP/USD price chart
USD/JPY struggles to rally
USD/JPY continues its attempts to break higher, but while it has managed to clear the Wednesday high around ¥107.30, the price then faltered at ¥107.50.
Further declines target ¥107.10, and then ¥106.90. The next big support level after this is ¥106.60. We need to see a move above ¥107.50 and then ¥107.80 to have a more bullish outlook here.
USD/JPY price chart