A trader friend relays that a small GBP buy order moved the market 13 pips to the topside a short while ago. 13 pips to get in a measly 30 mln pounds. Be very, very careful in taking spec positions in this market with tight stops. You are one random order a way from getting stopped out at any point in time…
Cable has dipped to 1.6605 after the buy order was filled.
