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  • "Uninspired": Pound Sterling Shrugs at News of Brexit Deal, Sheds Gains against Euro and US Dollar

    From poundsterlinglive.com

    The British Pound showed a remarkable lack of enthusiasm to news the UK and EU had finally struck a post-Brexit trade deal, a somewhat counterintuitive reaction to an agreement which brings to an end years of uncertainty for businesses, investors and millions of citizens. The Pound-to-Euro exchange rate fell back from a high of 1.1168 to quote at 1.1105 in the wake of an agreement being announced, the Pound-to-Dollar exchange rate fell from a high at 1.3619 to quote at 1.3527. The UK currency pared gains made earlier against the majority of the world's largest currencies. The Pound's reaction suggests the market had ... (full story)

What news??.




For months they lied about DA DEAL.



For many weeks they pumped pound.... 🤔🐒🐒🐒🐒





Now big hedge funds close loooong 🍻💰💰 and go SHOOOORT  👏👏💰💰💰 Like me.


1.36 monsieur. Danke. 🤔😳😂






Below is just ONE example 😳😂😂😂
Attached Image (click to enlarge)
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Buy the rumour, sell the news!
Hint


Yes I hold Bitcoin
Interesting ..
I believe much of this already in price. Interesting scenarios going forward.. potential doubletop possibility on one hand and some marketmaker sentiment that bull trend is still intact..
With thin market over next week opportunities for them pushing to new high, but personally think its going down.
This is why retail traders lose their money....by the time they get in, it's already over
Quoting digit1288
This is why retail traders lose their money....by the time they get in, it's already over
Very true !
Quoting digit1288
This is why retail traders lose their money....by the time they get in, it's already over
You’ve conflated retail with bad. Correlated but not causal.
Personally I think that this deal isn’t the ‘Brexit success’ Boris Johnson promised to deliver. The speculators was expecting a way better result which explains the extremely overbought state of GBP. Now that the show is over and the result is what it is, I think GBP will be just falling down for months to come.
Said that, GBP was going to fall anyway no matter what the result would be.
I may be wrong. Trade according to your own plan.

Merry Christmas and a Happy New Year to all
Quoting Not-KPMG
Hint Yes I hold Bitcoin
Ripple also good for buying!
Quoting NotAtrader
Personally I think that this deal isn’t the ‘Brexit success’ Boris Johnson promised to deliver. The speculators was expecting a way better result which explains the extremely overbought state of GBP. Now that the show is over and the result is what it is, I think GBP will be just falling down for months to come. Said that, GBP was going to fall anyway no matter what the result would be. I may be wrong. Trade according to your own plan. Merry Christmas and a Happy New Year to all
Deal or No deal, pound will collapse
Quoting iefx
{quote} Ripple also good for buying!
Between 0 and 1 cent
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  • Story Stats
  • Posted: Dec 24, 2020 11:33am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 11  /  Views: 2,219
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