NEWS: Cable surge attributed to stop loss trigger, EUR/GBP drop, option-related activity February 24, 2021 at 02:24AM

GBP/USD has had a big move, especially for Asia time, up over 100 points at one stage.

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Search Web: Cable surge attributed to stop loss trigger, EUR/GBP drop, option-related activity

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FL NEWS

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United States Initial Jobless Claims 4-week average increased to 206.25K in January 23 from previous 201.5K 29 January 2026

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EUR/GBP flat as ECB monitors Euro strength, markets eye GDP data 29 January 2026

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EUR/USD wavers in range ahead of US employment, factory data 29 January 2026

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The US Dollar has not been able to strengthen further following the FOMC meeting, where the fed funds rate was kept unchanged. The meeting highlighted a change in the labor market description, indicating signs of stabilization.

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GBP/USD has had a big move, especially for Asia time, up over 100 points at one stage.

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