GBP/USD and USD/YEN made the contrarian massive downward move.the yen crosses were hammered big.EURO and AUD also relatively underwent the drop when there is no specific trigger has been given as excuse for the drop and that too when BOE interest rate decision is for tomorrow.
This implies, the players made all the drops to induce heavy long liquidation form traders teading with our stop or hedging to change the sentiment tomorrow .
it is wise to wait for the rise to take short positions in EURO ans GBP.
the players are expected to firm up towards close as they normally donot make hat tricks.
Hope they follow their own rules.
Thanks
Netwise
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