Cable Update (GBPUSD) | Page 28262 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #565,221
  • Dec 13, 2020 4:31am Dec 13, 2020 4:31am
Quoting mysterio
I still think a deal will be hashed out, all of the no deal sabre rattling/gunboat diplomacy is a bargaining power/game theory tactic, the other side has to seriously believe that the UK is willing to walk away from talks.. that gives the UK the strongest position they can achieve currently to draw concessions. Voters would never forgive the government for food shortages, inflation, unemployment etc.. the Tories know this Interesting to see price settle right on that big monthly trend line on Friday, camped out waiting for a decision. I still think...
i know what, let's wait til the 24th hour saying no no no ... all bluster and theater to appease our political backers, and with each day passing to be offered an even jucier deal

and then at the death ... take the freaking deal

pure genius, that boris is truly our trump card alright

it has been this way since the beginning folks contrary to all the hue and cry from the so called experts who have to fill up their air time and column inches
twitter: @gettoefl
  • #565,222
  • Dec 13, 2020 4:35am Dec 13, 2020 4:35am
phone call with UK Prime Minister @BorisJohnson around noon on the Brussels time.
Que Sera
  • #565,223
  • Dec 13, 2020 4:47am Dec 13, 2020 4:47am
Quoting mysterio
Voters would never forgive the government for food shortages, inflation, unemployment etc.. the Tories know this
I think you misread the situation here (along with the markets). Food shortages, inflation, unemployment, etc. will happen, deal or no deal. The terms of exit are in any case such that economy will be hit hard; the choice is between "very hard" and "super hard". So Tories can't save voters based on the economic performance. However, they can hold on to the voters that are focussed on ideology. Make no deal, blame everything on EU, and most Brexiteers will be elated; and press will ensure they will continue blaming EU for all that happens next. Make a scrappy deal, and you lose both ardent Brexiteers and neutrals.
  • #565,224
  • Dec 13, 2020 4:58am Dec 13, 2020 4:58am
Quoting Catempire
{quote} They are talking of sending in gunboats & Merkel wanting U.K. to crawl along broken glass. uk are acting like an embarrassment. I think it’s possible a new word should be put into the English language to sum up the level of short sighted stupidness of the brexiteers. what we have already won’t quite cut it. The likliooh of any deal, not even a good one, is extremely slim to none. this gotvernment are a disgrace.
Given the current circumstances and the chance of a no deal, what is wrong with the UK wanting to protect its own waters from illegal fishing?
Compulsions can be hard to resist
  • #565,225
  • Dec 13, 2020 4:59am Dec 13, 2020 4:59am
Quoting trumps
{quote} Given the current circumstances and the chance of a no deal, what is wrong with the UK wanting to protect its own waters from illegal fishing?
It’s irresponsible & pathetic ?

”protect the foreign waters from illegal fishing”

A grown up responsible nation that is at the front of international progressions & relations would never do such a thing or even talk of it... all that U.K. used to be before brexit and this bunch got into power.

But... it’s now becoming symbolic for the brain dead & akin to a banana republic.

more damaging than you realise.

“we’ll do business elsewhere”

hardly setting a good example are they ??
Que Sera
  • #565,226
  • Dec 13, 2020 5:09am Dec 13, 2020 5:09am
Quoting Catempire
{quote} Yes that’s my take too, if they could get more fishing rights then the U.K. then they will at least be able to claim a level of success. it is somewhat pathetic. the bloody thing is embarrassing, wouldn’t want these guys anywhere near my business, yet here they are running the f**king country. boris is another trump, egotistical & an absolute bellend. not sure what the fast 80 point drop a minute ago in weekend trading was all about. I see rabb is talking about extending talks on the tv.
Maybe the EU is worried about the future of the EU. If the UK gets an easy "exit" then , maybe, other countries might be tempted to leave the fold ( Greece, Italy etc`)?
every Saint has a past. Every Sinner has a Future
  • #565,227
  • Dec 13, 2020 5:15am Dec 13, 2020 5:15am
Quoting turnip15
{quote} Maybe the EU is worried about the future of the EU. If the UK gets an easy "exit" then , maybe, other countries might be tempted to leave the fold ( Greece, Italy etc`)?
Yeah exactly mate hence why they can’t meet U.K. demands, they will risk tearing it apart.
Que Sera
  • #565,228
  • Dec 13, 2020 5:22am Dec 13, 2020 5:22am
Now 60 pips up...Boris caved again?
Everyone can see the chart, but only a few can actually read it.
  • #565,229
  • Dec 13, 2020 5:22am Dec 13, 2020 5:22am
Quoting turnip15
{quote} Maybe the EU is worried about the future of the EU. If the UK gets an easy "exit" then , maybe, other countries might be tempted to leave the fold ( Greece, Italy etc`)?
In my mind, the question then becomes, why would these other countries want to leave?
Compulsions can be hard to resist
  • #565,230
  • Dec 13, 2020 5:25am Dec 13, 2020 5:25am
Quoting Catempire
{quote} It’s irresponsible & pathetic ? ”protect the foreign waters from illegal fishing” A grown up responsible nation that is at the front of international progressions & relations would never do such a thing or even talk of it... all that U.K. used to be before brexit and this bunch got into power. But... it’s now becoming symbolic for the brain dead & akin to a banana republic. more damaging than you realise. “we’ll do business elsewhere” hardly setting a good example are they ??
Yes, I understand your broader opposition to Brexit, but given that Brexit is happening, and EU access to UK waters being a sticking point, you don't think EU members would be tempted to continue fishing without a deterrent?
Compulsions can be hard to resist
  • #565,231
  • Dec 13, 2020 5:25am Dec 13, 2020 5:25am
Quoting OnlineAddict
Now 60 pips up...Boris caved again?
And its back down again, that was quick. That would happen upon a deal anyway, most probably...quick move up and then back down. No hope for bulls either way, deal or not.
Everyone can see the chart, but only a few can actually read it.
  • #565,232
  • Dec 13, 2020 5:27am Dec 13, 2020 5:27am
Quoting OnlineAddict
Now 60 pips up...Boris caved again?
Most likely, the talks will continue.
There was no cabinet meeting before the call, and I don't think Johnson can make a "no deal" decision alone.
  • #565,233
  • Dec 13, 2020 5:29am Dec 13, 2020 5:29am
Quoting VM.
{quote} Most likely, the talks will continue. There was no cabinet meeting before the call, and I don't think Johnson can make a "no deal" decision alone.
I thought they already gave him the nod ?
Que Sera
  • #565,234
  • Dec 13, 2020 5:32am Dec 13, 2020 5:32am
Quoting Catempire
{quote} I thought they already gave him the nod ?
Yeah, I read they did, too.
Everyone can see the chart, but only a few can actually read it.
  • #565,235
  • Dec 13, 2020 5:36am Dec 13, 2020 5:36am
Quoting Catempire
{quote} I thought they already gave him the nod ?
Well, sort of. But the situation is changing every day, and political choreography requires that there is a specific cabinet meeting before such a decision is taken. Which is why I think they will kick the can again today.
  • #565,236
  • Dec 13, 2020 5:41am Dec 13, 2020 5:41am
Quoting trumps
{quote} Yes, I understand your broader opposition to Brexit, but given that Brexit is happening, and EU access to UK waters being a sticking point, you don't think EU members would be tempted to continue fishing without a deterrent?
I think we should grow up and focus on the more pressing matters. Fish not being very high up on the list, we should be leading by example by being humble and noble.

What would happen if they do fish in our waters?

Are we going to go to war?

Not even sure why it matters as if this is the scenario, they will stop buying British caught fish.
Que Sera
  • #565,237
  • Dec 13, 2020 5:41am Dec 13, 2020 5:41am
Already 60 pips gap up
buy buy
Make money by doing the opposite of Giveachance aka loser
  • #565,238
  • Dec 13, 2020 5:44am Dec 13, 2020 5:44am
Quoting nessus94
Already 60 pips gap up buy buy
Even with this gap its still 250 pips down since your last "buy buy" call.
Everyone can see the chart, but only a few can actually read it.
  • #565,239
  • Dec 13, 2020 5:48am Dec 13, 2020 5:48am
Johnson holding cabinet meeting
Boris Johnson is reportedly holding a conference call with cabinet - a move that something noteworthy has taken place in the call between himself and Ursula von der Leyen

So, something has happened.
  • #565,240
  • Dec 13, 2020 5:48am Dec 13, 2020 5:48am
Joint statement: "Despite the exhaustion after almost a year of negotiations, despite the fact that deadlines have been missed over and over we think it is responsible at this point to go the extra mile."


Kicking the can continues...nobody wants to appear to be the bad guy here, it seems. Even though nothing changed on their views and the differences are still the same.
Everyone can see the chart, but only a few can actually read it.
248 traders viewing now