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Cable Update (GBPUSD)

  • #564,541
  • Dec 9, 2020 6:38am Dec 9, 2020 6:38am
Quoting Catempire
Back in with a short @ 456
Why short GU?
  • #564,542
  • Dec 9, 2020 6:43am Dec 9, 2020 6:43am
Quoting Bartosz77
{quote} Sadly I am happy if there is no-deal scenario. Firstly - all my shorts will give me some Xmas bonus. Secondly - I know people who voted for Brexit. They will NEVER learn what damage they've caused UNLESS life gives them a real kick in their butts. The harder the kick, the better. If UK economy collapses, if GBP sinks for the next few years, if prices in shops rise drastically, if there will be shortage in employment sector - THOSE WILL BE THE LESSONS for Brits.
I agree with you Bartosz valid reason why people should have never been asked the question... there will be imo a huge backlash to those that lied for the vote, ie: johnson & (cummings - clearly not as smart as he thinks he is) and a c**p deal will likely cause businesses more harm than leaving and then possibly re joining when everything is laid out in the open.

People talk about how much it costs to be in the EU but people seem to overlook the gains and also the fact you can trade for free

Based on 2019 figures of £170b exported to the EU at a 10% tariff would be the same cost as the EU membership... no free movement and dire straights on the boarders...

These costs will be incured by the general public in a economic climate which is already on it's knees as opposed to a membership that is paid for through Tax... likely giving the con artists more money to spend on themselves... f**king dreadful decision.

There really is very little to gain in leaving but a great deal lost.

IMO it'll be a no deal and this will be the best outcome long term.
Que Sera
  • #564,543
  • Dec 9, 2020 6:44am Dec 9, 2020 6:44am
Quoting fxmasterdxb
{quote} Honestly very hard to say, i will wait for the fire works to shoot and then take a position accordingly
Me too
Extreme gut feeling trader
  • #564,544
  • Dec 9, 2020 6:45am Dec 9, 2020 6:45am
Quoting Arief-
{quote} {image}
enough

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 45 KB
  • #564,545
  • Dec 9, 2020 6:46am Dec 9, 2020 6:46am
Quoting Bartosz77
{quote} Sadly I am happy if there is no-deal scenario. Firstly - all my shorts will give me some Xmas bonus. Secondly - I know people who voted for Brexit. They will NEVER learn what damage they've caused UNLESS life gives them a real kick in their butts. The harder the kick, the better. If UK economy collapses, if GBP sinks for the next few years, if prices in shops rise drastically, if there will be shortage in employment sector - THOSE WILL BE THE LESSONS for Brits.
Hate to disappoint you here, but the Brexiters en masse will never admit it was their mistake.
They will blame politicians for "wrong" Brexit.
They will blame Europe for "punishing" Britain.
They will blame Remainers for "not accepting" referendum results.

The harder the kick, the more blame will need to be put elsewhere. This is basic psychology, it does not always work with individuals, but with society, every time. And the press will be there to confirm that the only blameless people are Brexiters themselves.
  • #564,546
  • Dec 9, 2020 6:48am Dec 9, 2020 6:48am
Quoting SFundamental
Big seller there - they absorbed everything- Let's wait for 12pm
How did you see it ?
Make money by doing the opposite of Giveachance aka loser
  • #564,547
  • Dec 9, 2020 6:51am Dec 9, 2020 6:51am
Quoting Arief-
{quote} enough {image}
Interesting.
Well done Buddy.
  • #564,548
  • Dec 9, 2020 6:56am Dec 9, 2020 6:56am
Quoting nessus94
{quote} How did you see it ?
when the BrExit deal will be announce ??
  • #564,549
  • Dec 9, 2020 6:57am Dec 9, 2020 6:57am
0.9 EG is stubborn.
Big support there probably.
  • #564,550
  • Dec 9, 2020 7:11am Dec 9, 2020 7:11am
It is going to be a No Deal.
Que Sera
  • #564,551
  • Dec 9, 2020 7:11am Dec 9, 2020 7:11am
$GBPUSD | Irish PM: At Moment We Are On Precipe Of A No Deal -Brexit Situation Is 50-50, On A Knife-Edge
  • #564,552
  • Dec 9, 2020 7:12am Dec 9, 2020 7:12am
a good retrace comin soon in 15 min chart
Intraday only.
  • #564,553
  • Dec 9, 2020 7:12am Dec 9, 2020 7:12am
Quoting VM.
{quote} Hate to disappoint you here, but the Brexiters en masse will never admit it was their mistake. They will blame politicians for "wrong" Brexit. They will blame Europe for "punishing" Britain. They will blame Remainers for "not accepting" referendum results. The harder the kick, the more blame will need to be put elsewhere. This is basic psychology, it does not always work with individuals, but with society, every time. And the press will be there to confirm that the only blameless people are Brexiters themselves.

It was no mistake!
  • #564,554
  • Dec 9, 2020 7:14am Dec 9, 2020 7:14am
Quoting Piparins
{quote} It was no mistake!
Point proven.
Que Sera
  • #564,555
  • Dec 9, 2020 7:15am Dec 9, 2020 7:15am
Quoting VM.
Price is stuck. Accio positive Brexit tweet.
the crooks are accumulating orders
soon it will spike up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 34 KB
Click to Enlarge Name: gu3.png Size: 24 KB
yes yes yes
  • #564,556
  • Dec 9, 2020 7:21am Dec 9, 2020 7:21am
Quoting Moty
{quote} the crooks are accumulating orders soon it will spike up {image} {image}
Very possible. 0.9 EG is broken, by a few pips, but is important.
  • #564,557
  • Dec 9, 2020 7:26am Dec 9, 2020 7:26am
Quoting VM.
{quote} Hate to disappoint you here, but the Brexiters en masse will never admit it was their mistake. They will blame politicians for "wrong" Brexit. They will blame Europe for "punishing" Britain. They will blame Remainers for "not accepting" referendum results. The harder the kick, the more blame will need to be put elsewhere. This is basic psychology, it does not always work with individuals, but with society, every time. And the press will be there to confirm that the only blameless people are Brexiters themselves.
You can't prove it is a mistake yet. In 20 years time you might have some evidence.
  • #564,558
  • Dec 9, 2020 7:27am Dec 9, 2020 7:27am
I see a crash ahead... Big crash.
Data + Stat + Risk/Emotions Management
  • #564,559
  • Edited 7:56am Dec 9, 2020 7:28am | Edited 7:56am
Quoting Catempire
{quote} I agree with you Bartosz valid reason why people should have never been asked the question... there will be imo a huge backlash to those that lied for the vote, ie: johnson & (cummings - clearly not as smart as he thinks he is) and a c**p deal will likely cause businesses more harm than leaving and then possibly re joining when everything is laid out in the open. People talk about how much it costs to be in the EU but people seem to overlook the gains and also the fact you can trade for free Based on 2019 figures of £170b exported to...
We are the people tricked and you're the people making stuff up.I mean all day long = well established bull.
The people being 'tricked' itself is an almighty bullshit statement after all those actual real life polls dated back to 2000,
including EU +UK elections and a specific referendum 2016.Go find the pro eu vote in the last 20 years...
That statement is about undermining the other point of view with no basis.
If you're going to use numbers, surely that has to be balanced and right.
Anyway remain lost by over a million votes ,but that camp cannot accept defeat.


Tariff cost to Uk
fyi WTO already worked it out.
£5.2 billion in tariffs on goods being sold to the EU
£12.9 billion in tariffs on goods coming to the UK
Leaves 7.7 billion credit taking your formula to it's conclusion
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #564,560
  • Dec 9, 2020 7:29am Dec 9, 2020 7:29am
Quoting Georginson
I see a crash ahead... Big crash.
Based on what?
EUR/USD
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