Looks like the wings have well and truly been plucked from this flighty bird and it’s been a one way street since the Scottish vote highs.

1.6113 the low so far as we drop through 1.6130 support. 1.6100 wasn’t up to much last time we were here so it may offer better support this time around and particularly after a near 150 pip fall on the day.

GBP/USD H4 chart 02 10 2014

GBP/USD H4 chart 02 10 2014

Look for 1.6130 to contain any modest bounces ahead of 1.6150 and 1.6175/80. If 1.6100 does go the the 1.6050 lows might be the last support before 1.6000

My poor poor quid.