Anyone know why the GBP is crashing ATM?, page-8

D12 well done on being on the correct side and far enough in the money for the spread not to have taken you out.

It looks to be an algo driven event, unusual tight cluster of stop loss that were triggered(hunted) with a no buyers below compounded by a low liquidity early Asian session causing a flash type crash.

The comments by Hollande re Brexit unlikely to have caused this reaction but was it deliberate or just an alignment of events regardless it has messed up a whole lot technical levels.

Regards RM