I have a 3 year old website. PR6 since the recent update.
On June 15th, there was a sudden 75% decrease in traffic, which maintained through to June 28th when it very suddenly shot back up again to previous levels.
Then July 9th another sudden and big drop.
The drops were from Google traffic.
There has been no active link building on the website in the past 6 months.
I've checked analytics and other than the actual drop in traffic, I cannot find any clues. Webmaster tools is the same. Very few errors, sitemaps are in tact etc.
I'm not aware of any big algo changes on those dates.
Any ideas what else could be at play here?