GBPUSD remains biased to the downside as it continues to face bear pressure and now targets the 1.5470 level. A break of that level will turn attention to the 1.5362 level. Resistance resides at the 1.5713 level. Having held on to its weakness started from the 1.3332 level, EURUSD continues to pressure downside prices with a possible decline targeting the 1.2730 level. Below there will target the 1.2681 level where a cap is expected. On recovery, the pair will aim at the 1.2931 level. USDJPY still retains its broader downside bias despite its Thursday rally. This suggests that a return to downside should occur towards the 84.71 level on ending its present corrective attempts. EURGBP has broken down as it has reversed its entire Thursday gains and set on weakening further towards the 1.8165 level.
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