Cable Update (GBPUSD)

Quoting Headland

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{quote} It's a brutal game what can I say. The checks and balances of the Uk unwritten constitution and the 'establishment' with it's precedents, protocols and unwritten codes etc ensure that the 'system' is more important than any one individual, and will be upheld at all costs, so yeh, there is some truth in what you say. But that's the game and if you don't play by the rules, they will get you. (Eventually.) Re Therese May, she again had lost confidence in the Tory party and was told by Chairman of 1922 committee of this so went before she was...

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Quoting navk

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{quote} In the UK, the law makers do not allow any PM to stay. That poor lady too suffered and was kicked out. Now this.

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Quoting navk

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{quote} The prestigious job is lost. He could have waited until Confidence vote on wednesday. And he can " buy " voters using time. lol.

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Quoting Mitiblotch

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{quote} And interestingly they think it's healthy.

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Quoting Pat Chiko

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{quote} GU Fly GU Fly. ( sound like Forrest Gump movie) {image}

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Quoting navk

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{quote} whenever some one gets kicked out, it is healthy for the rest. true.

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Quoting Headland

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{quote} ..theoretically yes except there was effectively no functioning govt and according to the sky poll last night he would have been monstered in any confidence poll with at least 300 of the 357 tory mp's voting against him. I think it was his inability to appoint some new ministers this morning, (ie some refused to take his call even,) and then Zahawi going public with the implicit threat of resignation as the 2 day old chancellor, that finally changed his mind. This would have put the markets in a tailspin so even he recognised that.

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Quoting navk

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{quote} At the moment, the traders may feel, PM resignation is not going to help much. The currency going down again. lol

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Quoting Pat Chiko

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{quote} GU Fly GU Fly. ( sound like Forrest Gump movie) {image}

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Quoting Georginson

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This shitty pair, I expected 1.2020 - 1.2050 yesterday instead they limited the move to 1.1989 and slammed it down to new low of 1.1875. Keeping it simple, below 1.2065 means 1.1815 - 1.1855 may be seen during New York session tomorrow... Above 1.2065 means low has been established and an uninterrupted rise to 1.2500... So 1.2065 is the Bullish Decider now... I want to have limited drawdown by catching the low ... Hopeful thinking.

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Quoting Pat Chiko

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{quote} GU add @ RSF to the final target {image}

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Quoting Pat Chiko

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{quote} GU add @ RSF to the final target {image}

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