It’s time for the midday snapshot where we assess the performance of the traders until 12 pm gmt this Monday.
First up is the EUR/USD which has posted a drop of 65 pips to leave the pair trading point 31% in the red at midday. Sentiment is neutral at 5% long and trading has been calm, with 19% less than the monthly average. A good day for Bears here.
Then we move on to the cable where a sharp drop of 89 pips leaves the pair trading point 30% in the red at midday. Sentiment is neutral at 3% long and trading has been active, with 31% more than the monthly average. More chances for bears with this pair.
The third pair in this report is the USD/JPY where an upwards jump of 55 pips leaves the pair point 27% in the green at midday. Sentiment is neutral and trading has been calm. It looks like a good day for bulls here.
The penultimate pair is the GBP/JPY where the biggest move posted was a drop of 50 pips, however the pair rebounded from this to trade just point 03% in the green at midday. Sentiment is bearish at 29% short and trading has been average in terms of volume. The flat rate movement should limit profit opportunities.
Finally let’s look at the EUR/JPY which has also been flat to midday. The biggest move posted was a drop of 46 pips but the pair recovered to trade point 04% in the green at midday. Sentiment is neutral but trading has been extremely active with 113% more than the monthly average. Another flat pair means no real successes are likely for traders.
That’s all for this midday snapshot with myself Jack Everitt. Thank you for watching and I hope you have a wonderful evening.

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