Cable crumbles in thin liquidity, USD broadly bid

Discussion in 'Technical Analysis' started by ForexLive, Dec 31, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    GBP/USD down 123 pips on the day The pound is under heavy selling pressure in a broad rush to US dollars as the hours tick down. The move is no-doubt flow related as someone, somewhere they decided they didn't have enough US dollars in their accounts at year end.

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