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Fast-Moving Market (FMM): GBP/USD slumped 300 points, hitting a crucial support level at 1.2375.

Fundamental: The decline in the Pound Sterling can be attributed to the unexpected fall in British retail sales for October. The Office for National Statistics reported a 0.3% month-on-month drop, following a revised 1.10% decline in September. This disappointing data, significantly worse than the market's anticipated 0.30% increment, serves as a new warning sign for the UK economy.

Fast Moving Markets: USD/JPY currency pair experienced a substantial decline, falling by 900 points to reach 149.85.

News: USD/JPY experienced sharp drop after nearing the pivotal 150 level, driven by mounting expectations that the Bank of Japan had initiated intervention measures to stabilize Japanese yen.