All of the majors are hanging around their NY closing levels after a fairly eventless weekend. Sterling contnues to hold its bid tone and with EUR/USD in the grips of some big option plays, we may see players concentrating on cable and the cross for the next few weeks. USD/JPY is also uninspiring, trading in a broad but defined range between 95/99 and is likely to continue to do so. The AUD should try and follow the GBP higher but I believe it will struggle to put in another big bull move, having come too far too fast.
Good luck today.