 The forex markets are rather quiet today with major pairs and crosses bounded in tight range. Sterling was lifted by news that UK and EU agreed on the declaration on future relationship. But the boost is so far limited as bulls refuse to commit. Eyes will turn to the special EU summit on Sunday, where the withdrawal agreement as a whole would be endorsed by EU27 leaders. For the week, Swiss Franc is overwhelmingly the strongest one. Pound and Dollar as the second and third strongest are relatively unconvincing. And the two's position could easily be taken before weekly close. And for now, Australian Dollar is the worst performing one for the week, followed by New Zealand Dollar and then Canadian. Technically, EUR/GBP is held above 0.8824 minor support. GBP/JPY is also kept below 145.99 minor resistance. Thus, there is no confirmation of bottoming in Sterling. It remains vulnerable to another selloff. 0.8939 resistance in EUR/GBP and 144.02 support in GBP/JPY could come back into focus today. Another things to watch is whether Dollar would come back under pressure, in particular against Swiss Franc and Yen. It's about time the near term consolidations in both pair complete. So, 0.9908 in USD/CHF and 112.30 in USD/JPY will be watched too. | 
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