Technical analysis: EUR/USD; USD/CHF; GBP/USD

EUR/USD consolidates above $1.3600 after yesterday it fell to $1.3580 (initial support) from daily highs on $1.3630. Below $1.3520 support extends to $1.3500 (Jun 5 lows) and $1.3475 (Jan 31 lows). Initial resistance comes at $1.3640. Above resistance comes at Jun 6 highs on $1.3680, then - near $1.3730, with a stronger one - on $1.3770/80.

GBP/USD remains under pressure. Initial support now comes at $1.6920 (May 21 lows) and $1.6840 (Jun 6 high). Back above $1.7000 opens the way to $1.7060 and $1.7100 (Nov 1’2005 lows).

USD/CHF holds below yesterday’s highs on Chf0.8960 (session high). Support remains at Chf0.8900. Below losses may widen to Chf0.8860 (May 12 lows) and Chf0.8780. Resistance comes at Chf0.9000/10 (Jun 16 high) and Chf0.9080 (Jan 31 high).

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