The red and grey-blue dashed lines in the yellow circles, they inverted before the collapse, someone was messing around and the algo systems didn't know what to do so they imploded, it happens.
Large movement occured on thursday market on asian session, morning day in my country, but on friday movement already usual movement and only after npf has been released then pair move more volatile
Reading your past calls, you are a tremendous fade. Good day to short nflx, rallies. FIT going up, tanks NKE calling bottom, tanks. Now GBP, and you shorted the top of a downtrend. Keep them up kid!
I think this is a major retracement. It's BREXIT. Once Britain withdraws, no more free trade = tariffs = increase in domestic prices = recessionary conditions = Bank of England expected to ease = higher supply of pounds = continued drop.