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Exclusive Insight: Sterling Quotes Differ 1000 Pips across Different Brokers

Posted: Thu Oct 06, 2016 3:22 pm
by kreslik.news

Sterling trading has been erratic all day long with rapid swings defining a 250 pips range during the London trading session in cable, with EUR/GBP swinging within 200 points. The Bank of England has announced that the so called ‘flash crash’, which is a term to describe abrupt market moves for no apparent reason, is under investigation.
Chart of British Pound flash crash (purple) and other active futures. Red line is Euro/LB contract pic.twitter.com/z7pLrilBxu

— Eric Scott Hunsader (@nanexllc) October 7, 2016

So far the speculation has been that the move in sterling ... (read more)