What's the best trade for next week?

Here is how the FX market performed this week

AUD/USD was the best trade in the past week as it continued for its eighth straight day of gains. The pair gained 280 pips since the open on Monday and 340 since the winning streak began.

It was largely driven by the wait-and-see stance from the RBA. I talked about strong Australian dollar seasonals at the start of the month and it's exceeded even the wildest hopes of the bulls far.

Also, gotta give Morgan Stanley for a great call on the Australian dollar at the start of the month.

GBP/USD

For the week ahead, one spot I'm looking at is cable from the long side. I bought GBP/USD on the last day of September and closed it out before the BOE but I'm looking to get back in. Right now bids at 1.5300 are holding but I'm going to try and get it closer to 1.5260 early next week.