Not a lot happening for me this Monday morning European session, just a quick rundown of what I’m looking at:
USD/JPY is in a 40 pip range that I’m waiting for the breakout.
EUR/GBP is in a 35 pip range, again looking for the breakout on that. Price alerts are set so I don’t have to keep looking at the screen and can get on with other stuff.
Cable has pushed up to that 1.50 level again, but for now lacks the power to stay above it.
The Aussie finding some momentum upward, currently at a previous resistance level 9138.
George Richards is our guest analyst and runs his own blog found at forexdawn2010.blogspot.com

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