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in anticipation of FOMC a close look at EURUSD suggests that the pair is in the mood to leap forward. A break of 1.21 resistance opens up the move to 1.25. A pullback to 1.19 is probable if no surprise comes at FOMC meeting
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Pound for pound
GBP has plummetted today after in line rate news. Despite a big spike down from the highs. GBPUSD has stalled at the intersection of the support and trend lines. A break of 1.31 will lead to 1.30 while a rebound from the current level will face a resistance at 1.32