My final play of this 3 pronged trade is to sell Euro/Sterling.
Sterling has begun to outperform the Euro relative to the Dollar once more. Every time there is a bad bit of news recently the Euro is hit more than Sterling, which is dragging the rate lower.
Technically, having broken below the support at £0.8207, EUR/GBP is also falling away again and should come back to test the key low at £0.8156. Momentum indicators are falling over again along with moving averages.
I have placed my stop at £0.8241 (41 pips) which is above the resistance band around £0.8240.