Cable crumbles in thin liquidity, USD broadly bid
From technical-analysis.forexlive.com
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. There could be a final flourish of USD buying as London winds down.
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