In theory synthetic crosses, which consist of two major legs may move while cross rate remains the same. For example: currency A rate to USD is 2 and currency B rate is 1. Cross rate of A/B is 2. Rates change so that currency A is 4 and currency B is 2. Obviously if you were long A/USD and short B/USD you would profit while cross rate still remains 2 so if you were long cross you would gain nothing.
Now the question is: does it happen in reality with major crosses, such as AUDCAD etc? Guess they're heavily arbed out with major pairs?
Now the question is: does it happen in reality with major crosses, such as AUDCAD etc? Guess they're heavily arbed out with major pairs?