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Forex Trading: Absolutely Brutal move with a capital B in Sterling after UK data...

Posted by Michael FX on Tue, 05/13/2008 - 5:04am in

Absolutely Brutal move in Sterling after the UK data. This was the definition of a jig saw move, seeing the pair trade a ~1.9486 high to a ~1.9472 low within a few minutes. Watch out for torrential moves in Sterling related pairs: