Home / Forex Analysis / GBP/USD plunges in yet another flash crash – leans lower

GBP/USD plunges in yet another flash crash – leans lower

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.

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