Long list of news coming out today. JPY unemployment, and GBP-GDP. Check out the news schedule at the bottom of the FXTradePros.com home page. GJ is in a 50 pip range, continuing where it left off on Friday, with nothing really setting up.
Just want to note, Summer is a slower trading period, with less volume. A large portion of the market volume is traded by financial institutions, Bankers. This is the time of year that they take their Holidays. Volume gets thin, and volatility can set in. So be aware. Especially during news time. Sometimes, news is one way, but the market goes the other. Keep a very close watch on open trades. PA is rather unpredictable this time of year.
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