The market is quieting down as Europe and London has gone home for the weekend. 

The EURUSD is between a relatively narrow range at 1.4636 and 1.4695.  The EURUSD has been supported by buyers in EURGBP today as it soared back above 0.7000 (high of 0.7016) from a closing level of 0.6963.  The pair is running into resistance at this level (0.7026 is the high for the year).

GBPUSD has been sold hard today after trading higher to 2.1159 earlier.   The pair has risen form 2.0256 to 2.1159 over the last 14 trading days, so having a correction like this is not all that surprising.  There is support below at 2.0896 and 2.0876.  Resistance comes in at 2.0948 and at 2.0961. 

USDJPY is back above 111.00 after moving from an overnight high of 112.88 all the way down to 110.47.    The direction of the pair was highly influenced by the liquidation of the Yen crosses.  GBPJPY lost nearly 700 pips today (high of 238.04 and low of 231.11) in heavy liquidation as worries about risk trades weighed on the market.  Volatility remains very high but a correction can not be ruled out.  It will most likely need some buyers in stocks between now and the close to be able to make that move.  Resistance will come in at 232.84 and 233.18.  The 232.00 should provide some short term intraday support.