short sellers have 125 000 lots short in GBPUSD. Every 100 point move NORTH will wipe out 125 mln USD of equity.
EURUSD short sellers got 175 000 + lots short. Every 100 point move NORTH will wipe out 175 mln USD.
All in all a 100 point move NORTH in EU/GU will wipe out a combined 300+ mln USD.
And this could happen overnight and x2-x4 as well.
No wonder banks love this game!
EURUSD short sellers got 175 000 + lots short. Every 100 point move NORTH will wipe out 175 mln USD.
All in all a 100 point move NORTH in EU/GU will wipe out a combined 300+ mln USD.
And this could happen overnight and x2-x4 as well.
No wonder banks love this game!
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