GBP popped to a high of 1.3125 before dropping back down. Momentum  indicators are turning ‘neutral’ and for today, GBP is likely to  consolidate, expected to be between 1.3010 and 1.3110. EUR/USD nears  1.18 support despite bulls control. Dollar Index was down 0.1% at  93.235, set to continue a seven-week losing streak. USD/JPY was down  0.1% at 106.84