GBP/USD Comments:
• Anna Coulling: Cable broken out of short term resistance area & now looking to re-test high early Jan 2010. Strong bullish support from ma's.
• Derek Frey: Fear premium coming out this week
• ecPulse.com: 1.5960 should hold to keep 1 month expectation valid
• Ilian Yotov: The market has been pricing BoE rate hike expectations and as long as inflationary pressures stay elevated, the U.K. economy recovers after the Q4 2010 contraction and shows resilience to the spending cuts, the GBP could remain comfortably above $1.60.
• Dr. Sivaraman: Good gains may be see for a reversal from Apr
• Yohay Elam: Despite the rate hike getting closer, the situation in Britain isn't too good.
EUR/USD Comments:
• Anna Coulling: Will be looking to re-test last November's highs. Strong technical support from ma's coupled with Trichet comments, all adding to bullish momentum
• Derek Frey: Fear premium coming out this week
• ecPulse.com: 1.3710 should hold to keep our 1 week expectation valid, while 1.3480 should hold to keep 1 month expectation valid
• Valeria Bednarik: Chances of a rate hike increase in the Euro zone, while market has temporary forgotten about sovereign debt issues. Pair is mid term bullish now, as long as above 1.3740 strong Fibonacci support.
• Ilian Yotov: As long as oil prices continue to rise, the Euro-zone inflation stays above the 2% target and more ECB policy makers turn hawkish on the prospects for future tightening of the ECB monetary policy, the EUR could remain supported.
• Dr. Sivaraman: Good gains may be see for a reversal from Apr
• Yohay Elam: The euro enjoys the imminent rate hike next month but when the debt crisis will return to the limelight, it will come under risk.
USD/JPY Comments:
• Anna Coulling: Continues to trade in a narrow channel between 81 and 84. Looking set to bounce higher to re-test upper trend line once more.
• Derek Frey: Fear bid that went to the Yen also comes out
• ecPulse.com: 81.05 Should hold to keep 1 month expectations valid
• Ilian Yotov: Short-term patience could get rewarded with long-term gains, should the USD resume its march to post-intervention highs around 86 yen.
• Dr. Sivaraman: Good gains may be seen
• Yohay Elam: The improvement in the US economy, and the weakness of the Japanese one are gradually pushing the pair higher.

Keys:
• Bearish: Belief that a particular currency is about to fall in value; understood as a general pessimistic trend about the state of that given currency.
• Bullish: Belief that a particular currency is about to rise in value; understood as a general optimism about the state of that given currency.
• Sideways: A sideways trend manifests when the volume of a currency pair bought and the volume of the same pair sold at a particular price are in balance or nearly in balance.