Most dealers I have spoken with are suggesting 50 pip ranges for the majors, at the most. The riskier side is down for the EUR/USD and the cable, judging by the order books. There seems to be a growing number of take profit orders accumulating towards 1.3650 in the EUR and 1.5225 in the cable. If the dealers are right, we probably won’t even get close in this session. Might be a good time to wash the cat.