British Pound Flash Crash happened suddenly without warning on October 6th late night during the Asian market hours. All of a sudden within 2 minutes GBPUSD fell 1200 pips and then recovered 1000 pips in the next few minutes. British Pound was trading at $1.26 when within in less than a minute it fell to… Continue reading The British Pound Flash Crash & The Hunt Volatility Funnel
Tag: flash crash
This Was A Historic Week-Markets Survive The Flash Crash
Was it a flash crash on Monday? Was it a mini flash crash? Analysts are debating what was it. GBPNZD rose 1600 pips in 1 minute then fell 1000 pips in the next minute. NZDUSD pair is known to move slow. Under normal conditions NZDUSD takes days and weeks to fall 500 pips. But this… Continue reading This Was A Historic Week-Markets Survive The Flash Crash