Yellen due to speak and as we know she is flip flapper.
I think EU may get deeper correction.I mean 1.12 and lower.Not touching EU longs for now.
Goes without saying its my personal view and market can prove me wrong
EG in particular is way overstretched and market makers may push Euro lower and leave Pound alone a little.EG may go 200+correction.
regards
In trading, you have to be defensive and aggressive at the same time