Cable Update (GBPUSD)
{quote... Blaaaa... ed on 1.3270 area in weeks ahead and 1.36 area in months ahead. The key lesson in my 13 years trading experience is to avoid blaaaaaa.... George.
{quote} Haven't seen anyone here make from 500 to 45000 in a year without visible loss. 50000 pips was it.
... than yours!
{quote} Rght I just saw the statement should be down ,I don't think the market believes when talks are open still.If he said he's not talking at all that would do it. Anyway sounds a grave statement were going WTO in jan, with no movement eu side, he's warning business and I don't think he's kidding.
Tells you all you need to know about his credibility. But for once, Johnson means what he says: if EU does not change approach, no deal is on the cards.
{quote} See updates here , 14:11 and 14:50. I think you are right, markets will take seriously a tweet from an obscure journalist citing an unknown source, but not BoJo.
{quote} Really has nothing to do with credibility. Market, or should I say the sharks, took the tweet that would fatten their purse. Whichever tweet would guarantee getting away with a 200 pip spike in the opposite direction of most retail and small players' money was sure the tweet to pay attention to.
