10 Apr 2014
GBP/USD: Talk of nasty stops above 1.6830
FXStreet (Bali) - According to Sean Lee, Founder at FXWW, there is some credible talk that very sizable nasty stops lie above 1.6830 in GBP/USD. After the FOMC minutes (dovish surprise), the market sent the rate as high as 1.68 before stabilizing right below the round number.