DailyFX.com -

Talking Points:

- EURGBP double top in question; GBPAUD holds in triangle.

- EURUSD breakdown obstacles include US retail sales, ECB.- See the April forex seasonality report.

The GBP-crosses have yet to offer clear direction, while several USD-pairs need today's spending data to confirm their recent breakouts.

See the above video for technical considerations in EURUSD, GBPUSD, EURGBP, and GBPAUD.

Read more: Charts to Start the Week as USDOLLAR Hits Fresh Yearly Highs

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form


original source