As it was informed by "Market Leader (US)"
GBPUSD volatility forecast for April 19th 2011
GBPUSD has just returned into the 1.6327 - 1.6232 range.
Yesterday Standard & Poor's lower the USA’s credit rating from “stable” down to “negative”, which caused a volatility spike. In a couple of seconds the volatility value increased up to the level of the 3-week high. Probably few of us expected such a surprise at the very beginning of the trading week. However, those traders who anticipated the rating decline remained satisfied. Let’s hope the rest of the week will go on like that.