GBP/USD had a quiet Friday, but has had serious issues rising above the 1.57 level lately. With the downtrend intact, we feel this pair will continue to fall, and will perhaps make a run at 1.53 before too long.
USD/CHF is finding its footing at the 0.90 level. We like buying this pair as there is so much economic uncertainty out there, and the USD is the last "safe haven" currency. The SNB is willing to intervene if the Franc gets too high, so selling isn't possible.
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