[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19198 and 1.19650.

- Support line of 1.17733  and 1.17280.

Commentary/ Reason:

- The euro retreated at $1.1833 having briefly hit a one-week high overnight.

- The rise came after European Central Bank President Christine Lagarde suggested the ECB was unlikely to undertake measures to weaken the euro despite its recent gains.

- Following Thursday's ECB meeting, the Governing Council maintained the deposit rate at -0.5% and kept its pandemic bond-buying program unchanged at 1.35 trillion euros ($1.6 trillion), while revised its 2020 Eurozone GDP forecast upward to -8.0% versus a prior estimate of -8.7%.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91374 and 0.91666.

- Support line of 0.90971 and 0.90136.

Commentary/ Reason:

- The dollar held steady against the safe-harbour Swiss franc at 0.9097.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30335 and 1.31340.

- Support line of 1.27085 and 1.26080.

Commentary/ Reason:

- The British pound traded at $1.2828, having slipped to $1.2773 overnight, a 6-week low.

- The pound poised for its worst week since March. It has lost 3.6% on the dollar this week and about as much against the euro as Brexit turmoil resurfaced.

- The EU told Britain on Thursday it should abandon a plan to break their divorce treaty, but Prime Minister Boris Johnson’s government refused and moved forward with a draft law that could sink four years of Brexit talks.

- Japanese Foreign Minister Toshimitsu Motegi said he plans to hold talks with British trade minister Liz Truss later today to discuss a post-Brexit bilateral trade deal and hopes to reach a broad agreement.