FOREX GBP/USD Friday 13th September disaster day for USD - Open discussion

in brexit •  last month 


Can anyone please explain the events that took place this week regarding GBP / USD , and why GBP have sky rocketed even though they have no conclusion to Brexit, the economy is unstable in Europe, and positive news in the market for USD. OR is it pure manipulation in the market?

I have been reading through news articles, been following Brexit and all their nonsense, and still can not come up with a sustainable argument regarding the rise of the British pound in the last week, especially such an dramatic rise.

If someone can please give their input regarding the movement of this specific trading pair, and why the British pound have risen so dramatically, even though the UK is in a turmoil and unstable economy.

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