EUR/USD: EUR/USD is poised to close nearly 5% lower year-to-date with the pair trading just 1.5% off the 2018 lows. For months now, we’ve been tracking a key support pivot in Euro and the focus remains on a breakout of the consolidation range which has governed price since October. Price holding critical support confluence at 1.13 GBP/USD: Headlines:Sterling moves higher after UK retail sales rise above expectations Sterling is facing resistance and rallied a bit during the week, reaching towards the 1.27 level. The British pound has broken through a significant support a couple of candlesticks ago, and it now looks as if it is offering resistance yet again. GBP will continue to struggle, and the breakdown from a couple of candlesticks ago suggests that we are trying to make the next leg lower. USD/JPY: Traders have remained net-long since Dec 18 when USDJPY traded near 112.517; price has moved 1.9% lower since then. The percentage of traders net-long is no