Operators are making varied moves of rising EURO/USD and dipping GBP/USD to handle the European crosses.They are making final reversal move in AUD/USD.So it is time to short AUD/USD around 0.8993-0.9009 area and wait to book profit of more than 250 pips in your position trade.
EURO/USD is in reversal process to drop European crosses and during that time GBP/USD will rise and Euro will swing and slide.Take sell position in EURO/USD around 1.4890-1.4915 area and wait to close below 1.4350 in a fortnight time.Wait for the full rise in GBP/USD to short it when informed.
Regards
Dr.Sivaraman
dr@i-knowindices.com