As expected, we saw low volume yesterday, though the euro, strangely, was the one with least volatility. The GBP/USD pair may be attempting a run higher, now that a break above 1.45 is clear; next resistance is at 1.4550. We think UK Manufacturing PMI may give the sterling a boost, due out in a few hours. Australian data came out as expected, no big moves since the Retails Sales and RBA Rate Statement releases. We're looking towards London and NY open to drive price action, along with equity prices.

Don't forget, we will be hosting Live! Trading sessions this week. Premium members may access the direct link in the Members Downloads section. The room will be open 15 minutes prior to trading.

If you'd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the member's area. Please visit us at