Sterling rips to 1.5360
GBP/USD slumped to a session low of 1.5260 in a mystery move but it's been an equally-mysterious rebound in a straight-shot to 1.5360. The day's high is 1.5374.
There is no news behind the move and there's some chatter about thin liquidity but we're at the most-liquid time of the day. It's been a tough market for the past few days.
It's too early to write-off the US dollar but there is nothing impressive about how it's traded since non-farm payrolls.
