The Forex market volume is thin this week due to the Holidays.
Saw intra day weakness in GBP USD and closed out a profitable short trade today. Longer term bias is still to the upside-Cable has been stuck in a fairly large range for months. Looks like SMART MONEY is accumulating a position prior to moving up. Still waiting for a long entry signal.
Closed a profitable counter trend short USD CAD. Short term bias for USD CAD is long-monitoring the pair for a possible long entry. The pair has been in a major uptrend this year but I believe a substantial correction is coming.
Currently long NZD USD on an intra day trade.
I expect the Forex pairs to continue to meander in ranges this week and into next week with reduced volume and volatility during the holidays.