EUR/USD should come under pressure

EUR/USD should come under pressure next week as ECB will likely bow to inevitable and clearly recognize deteriorating state of European economy, say Westpac strategists; "a close above 1.3330 could see a short term rally in the euro/dollar but otherwise our bias remains for it remaining within its range and we anticipate it will head lower over the week." House's various interest rate spread indicators point to "unequivocal" sell signal. Pair now at 1.3254. Doesn't think GBP/USD gains will hold up either, with pair last at 1.4810.