The BoE Bumps Spreads for GBP/USD [Video]

Euro/Dollar has a daily average spread of point 35 pips and peak separation has been 1.2 pips. The pair dropped by point 73 percent or 84 pips to hit the daily low just pips above the 1 14 level. Spreads were at their highest point yesterday at 11 PM GMT, but 1.2 pips is the biggest gap you should have seen. Next up is the Cable, which has long term average of slightly more than 1 pip. Peak separation has been 7.4 pips. Pound/Dollar dropped yesterday by point 65 percent or 83 pips to hit the low of 1 2625. Spreads were at their highest point yesterday at noon GMT as the Bank of England announced their monetary policy, but 7.4 pips is the most you should have been charged. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 3 and 1.2 pips respectively. The pair dropped by nearly one percent or 103 pips all the way to the daily low of 110.81. Spreads have been relatively calm for this pair, peaking at only 1.2 pips today at 12:55 in the morning.