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Asian Market Update: GBP/USD Craters 10 Handles In A Flash Crash

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    GBP/USD "flash-crashed" unexpected in low-liquidity early Asian trade, falling by over 8 handles from just above 1.26 to below 1.18. There was no associated news with the event, though some analysts have noted the mention of a hard Brexit my French President Hollande in late US hours. FX traders await[​IMG]

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