Could somebody please explain to me what just happened on the GBP/USD, What caused that big movment?
Not sure…wondering the same thing. Watching for a reversal.
there were some high impact news items so maybe that’s it. But I don’t know for sure. But I followed it up and made some $ 
I like it when that happens!
Talon - if you don’t mind me asking…I am assuming you made some pips by going long. As I watched the GBPUSD charts (M5,M15,M30) my newbie brain didn’t see anything that gave me a signal to go long. What indicators did you see that gave you the go ahead? Thanks!!!:o
made 153 pips with it, i´m only expecting for 80-90 pips, but i´m not sad for be mistake:D
this has being a good week.
I see some people who gotta brush up on their fundamentals!
Well, the US GDP report just came out better than expected… This caused non-USD, non-JPY currencies to be bought up… It’s good old risk appetite. Whenever good data comes out = currencies rally. Whenever bad data comes out = USD rallies!
Some other examples: UK GDP came out worse than expected, the GBP dropped. UK retail sales came out much lower than expected, the GBP dropped again.
Made pips going long actually, a good day for me for sure! I just follow price action. I could see it was headed up since last night. news gave it an extra PUSH
Thanks for the education Pip Devil
today has GBP and AUD up day and USD and JPY down day.
it has a very good day for trading
Well im glad you lot are happy but im 250 pounds down, crap day.
(IGM)The [POUND] exploding higher with a Mid East name singled out as the big [CABLE] buyer. Gbp/yen also driven higher…
The [POUND] exploding higher with a Mid East name singled out as the big [CABLE] buyer. Gbp/yen also driven higher as system led funds rush to exit on the GDP inspired return of risk appetite, and for day traders, emphasis on the trigger of stops through 1.6520-30. UK and French names were cited as the channel for the order and this may explain the intensity of the spike, as the same French accounts has previously been on the offer into 1.6500, again apparently good size. Some North American traders suggest that the Gbp demand could have links to the Lloyds rights issue as foreign accounts load up for the potential debt sale.
i think. gbp-usd will do down now… my signals tell me that but my nose don´t… so i´ll not do the trade.
i´ll maby be sorry for not take the risk…but i don´t like to risk:(
i´ll do that trade any way.
i´ve already earn 150$ with gu for today. i´ll put a SL of 25 pips and if i lost it i´m steel profiting with this pair today.
everything is calling me 
i can´t resist:D
My finger was also on the sell button…glad I haven’t done it yet!!!
everithing is pointing to a down move but something is not smelling good…
i´ve already sell but i´m not confortable with this trade… only do it because it has being a very profit day ao lose 25 pips don´t make any scratch on my day total.
but…charts uselly are more accurat than smelling strategy:D
i´m glad í haven´t follow my nose.
i already move my SL to BE so now is a risk free trade.
no more risk for today.
i had secure 460 pips today with SL and most of my orders are still open
gbp and aud rocket moves had made my day:D a very good day:D
someone else is ridding this slow down move too???
until now it makes me 46 pips profit. its slow but it´s getting there:)
Nope…bailed out. Waiting until tomorrow a.m. Good luck