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Majors in a technical snap shot - RBS

FXStreet (Barcelona) - Analysts at RBS gave us a snap shot at the majors from a technical perspective.

Key Quotes:

EUR/USD: 1.2725 determines the extent of correction, as reversal signals seen

GBP/USD: Change of view amid trendline breakout and weekly bullish reversal pattern

EUR/GBP: 0.8014 target reached: channel theme for now, long-term bullish amid oscillators

USD/JPY: Correction to 105.52 offered buying levels, expecting upside from Ichimoku cloud

EUR takes a hit on chatter around ECB actions - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted that the euro is lower after newswire reports that the ECB is considering buying corporate debt on the secondary market.
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