Majors in a technical snapshot - RBS

FXStreet (Guatemala) - Analysts at RBS gave a snapshot technical analyses of a handful of the Major pairs.

Key Quotes:

"EUR/USD: 1.11 proved to trigger a bullish correction, which may continue for the week ahead

GBP/USD: 1.4970 supports the price, further recovery is expected after 1.5110 breakout

EUR/GBP: 0.7390 – 0.7628 range-bound theme to continue for now; long-term channel in play

USD/JPY: Correction nears end, may see an earlier-than-expected upswing to 124"