Daily Briefing: European Futures higher ahead of BOE decision
EUR/USD: The pair has broken towards the upside from a downward wedge pattern on a 4 hour time frame. The next support is near the 1.0706 level and the resistance is 1.1082.
USD/JPY: The pair has eased off from OUR Identified resistance level (121.87-121.51) is trading below its downward trend line on a 4 hour time frame. The near term support is at 118.35 and the resistance is at 123.06.
GBP/USD: The pair has broken its downward trend line on a 4 hour time frame. The next resistance is near 1.467 and the support is 1.4376.