What are your GBP/USD position and the average rate if you sell £4m at 1.6350 buy £5m at 1.6340 and sell $5m at 1.6348?
A. Short £2 058 478.10 long $3 370 000 at 1.6371
B. Long £5 941 521.90 short $9710 000 at 1.6342
C. Short £5 941 521.90 long $9 710 000 at 1.6342
D. Long £4 058 478.10 short $6 630 000 at 1.6336