It’s noon GMT on this Wednesday so let’s see how traders have performed during the morning session.
Euro/Dollar has shifted lower by 52 pips to trade slightly in the red at noon. Traded volume is average and neutral sentiment is 4% short. Gradual decline has provided bearish side with some profit opportunities.
Pound/Yen declined by 55 pips, but all of the loss was recovered in a following rise. The Cable sees less than half of the monthly average funds and neutral sentiment is 12% short. Both sides have had their profit chances, but the passive trading approach is the limiting factor.
Dollar/Yen has walked in a total range of just 37 pips, but the pair sees an average amount of funds. Most of the traders have been forecasting the pair to head South, but the narrow price movement range is the limiting factor.
Pound/Yen has been heading lower and just a slight loss was posted by noon. Traded volume is low and most of the market players have been in short positions. The rate did go per those expectations and only the slow trading limits profit potential.
Euro/Yen has been trending South and the pair was point 18% in the red at midday. Traded volume is extremely low and sentiment of the market players is bearish, 25% short. Traders have done a good job working out the rate movement direction and a more active approach would have increased profits.
I’m _____________ and this is how the sentiment of the traders compares with the actual rate movements by noon GMT.

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