How the pound fell on ONS inflation figures

[Incognito]

You see monthly changs of +/- 3% every month? Nothing to write home about.

You see, that is what a trend signifies.

Oh look, the Pounds been rumbling along quite nicely against the Euro last couple of months, oh wait a minute, it's just lost half a cent in the space of an hour and a half, I wonder if that downward spiral is going to indicate anything.

[AtW]

I wonder if that downward spiral is going to indicate anything.

I've provided link to last years data - it shows clearly that EUR/GBP can go up and down 3-4%, that's normal volatility.

There is no trend in it.

[Incognito]

I've provided link to last years data - it shows clearly that EUR/GBP can go up and down 3-4%, that's normal volatility.

There is no trend in it.

Over a 20 day ******* average!!!!!!!!

[AtW]

Over a 20 day ******* average!!!!!!!!

And you think it's a trend for currency to drop 1% at start of trading when overnight there were some bad news?

Below is total eur/gbp trading history:



What do you reckon is the trend from this one?

[doodab]

You can't talk of a trend using like 24 hours worth of data, especially when it is presented in a more or less fraudlent way with base fixed at non-zero thus totally misleading people who won't pay attention to axis Y's values - anyone who uses charts in such a way deserves to get fired very quickly.

Anyone who can't read a graph with axis that don't start at zero ought to leave thinking to the grown ups.