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Forex: GBP/USD plunges on London opening fxstreet.com

(Last Updated On: May 8, 2012)

Forex: GBP/USD plunges on London opening fxstreet.com

Bank holiday in the UK yesterday kept the GBP/USD from seeing more currency flows after Sunday’s France and Greece elections. As the London session gets underway, the GBP/USD plunges by around 30 pips.

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Not sure if I would consider a drop of 30 pips a ‘plunge’. More like a dip or slight sell-off…

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