Latest from Goldmans, they say long EURGBP with target extended to 0.87000, we agree with the idea that EURGBP has further upside in store and we are looking to reposition ourselves long during the week as structure develops, elsewhere they close their AUDCAD shorts mentioning how AUDJPY shorts may be a better alternative for a "risk off" trade, arguably that's correct but with still elevated OIL prices we prefer an OIL exporter such as CAD (Canada) over an OIL importer such as JPY (Japan) so we keep AUDCAD shorts on our watchlist but with a bit more caution
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