[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18477 and 1.18794.

- Support line of 1.17488  and 1.17130.

Commentary/ Reason:

- The euro bought $1.1820, holding onto a 0.15% gain from the previous session.

- The euro got a boost on Wednesday after Bloomberg News reported that European Central Bank officials are growing more confident in the bloc’s economic outlook.

- The euro held onto gains against the dollar on Thursday as traders braced for an ECB meeting to gauge policymakers’ views on the common currency’s recent appreciation and its impact on inflation.

- The ECB will also update its economic forecasts on Thursday. Board member Isabel Schnabel has already said that the economy is performing in line with the ECB’s expectations, suggesting only small changes.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91890 and 0.92179.

- Support line of 0.90955 and 0.90667.

Commentary/ Reason:

- The dollar held steady against the safe-harbour Swiss franc at 0.9114.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30542 and 1.31077.

- Support line of 1.28811 and 1.28277.

Commentary/ Reason:

- The British pound traded at $1.2994, recovering slightly from a dip to a six-week low of $1.2839 on Wednesday.

- Sterling steadied above a six-week low but could lose more ground due to growing concern that Britain and the European Union will fail to agree a trade deal.