DislikedIf the terrain and the map disagree, follow the terrain. No wonder some of you do not trade the news and instead scrutinise the PA. Around 30 minutes before GBP news (BBA Mortgage Approvals and Public Sector Net Borrowing) GBP/USD began to depreciate with alacrity. It dropped some 700 pips to around 1.63015 The news now arrived and lo and behold it was bad news for Cable. However the depreciation of GBP had already occurred just BEFORE the news. This suggests that there is leakage of the news before the official announcement which gives a terribly...Ignored
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