Can someone please explain why the pound had a major sell off against all major currencies on Friday 4th October (2013). Did anyone see it coming? Were there any news releases, fundamentals, sentiments or technical indicators that gave a warning? When a currency sells of like that against all other major currencies there has to be some reason. What was it? Thanks. The chart attached is GBP/USD, but the story was the same with all GBP pairs.
Tellboy