Volatility is certainly back. The pound struggled to break above 1.30 and when it finally succeeded on the back of strong retail sales, the move is followed by a violent crash. The pair fell some 100 pips and bounced back 60. As with bungee jumping, the bounce is smaller than the free fall. Contrary to the […] The post GBP/USD plunges in yet another flash crash – leans lower appeared first on Forex Crunch.