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Cable Update (GBPUSD)

  • #766,761
  • Aug 13, 2023 1:33pm Aug 13, 2023 1:33pm
Lots of trending pairs this week, so August should continue to be a great month for me!!!
  • #766,762
  • Aug 13, 2023 1:33pm Aug 13, 2023 1:33pm
Quoting TheWraith
Why is Terry suspended? How many people got suspended? I see Peter is also one of them.
Who is Terry???
  • #766,763
  • Aug 13, 2023 1:34pm Aug 13, 2023 1:34pm
Quoting ninner
{quote} Who is Terry???
T721
  • #766,764
  • Aug 13, 2023 1:36pm Aug 13, 2023 1:36pm
Quoting ninner
gbpaud may be one of the best pairs to trade this week...i marked it purple!!!
Still Long.
  • #766,765
  • Aug 13, 2023 1:36pm Aug 13, 2023 1:36pm
Hi!

How to contact Twee?
How to succeed in zero sum game?
  • #766,766
  • Aug 13, 2023 1:37pm Aug 13, 2023 1:37pm
Quoting dempire1
Hi! How to contact Twee?
I don't know. Also, who suspended Terry and Peter?
  • #766,767
  • Aug 13, 2023 1:43pm Aug 13, 2023 1:43pm
Quoting dempire1
Hi! How to contact Twee?
just put twee in the search bar then his profile will come up then just message as normal...
  • #766,768
  • Aug 13, 2023 1:46pm Aug 13, 2023 1:46pm
Here an interesting report by the Economic Affairs Committee, published by the House of Lords.
Good for understanding macro development:

Central bank digital currencies: a solution in search of a problem?
https://publications.parliament.uk/p...af/131/131.pdf
You have an IQ lower than 90 if you interact with this user.
  • #766,769
  • Edited 2:17pm Aug 13, 2023 2:04pm | Edited 2:17pm
Quoting ninner
gbpaud may be one of the best pairs to trade this week...i marked it purple!!!
There's a lot of good ones. Check out GBPNZD!
Trade at your own risk.
  • #766,770
  • Edited 2:36pm Aug 13, 2023 2:10pm | Edited 2:36pm
Quoting Ferna
Here an interesting report by the Economic Affairs Committee, published by the House of Lords. Good for understanding macro development: Central bank digital currencies: a solution in search of a problem? https://publications.parliament.uk/p...af/131/131.pdf
This is a very key point (expiry terms of the digital currency and control over what you can purchase)!
Why would anyone want it in large quantities? All governments appear to be considering similar rules!
71. A digital currency could enable the Bank of England to conduct forms of
unconventional monetary policy more easily. We heard the Bank of England
could ‘programme’ a CBDC to have an expiry date by which it would need
to be spent, or conditions could be placed on a CBDC so that it could be
spent on certain goods only.96 The Atlantic Council said that a review of
pilot projects across the world showed that no central bank is implementing
an interest-bearing or programmable CBDC as a possible crisis-response
measure. It said, “these are theoretical concerns at best and are unlikely to
be featured in any first phase CBDC project.”
  • #766,771
  • Aug 13, 2023 2:18pm Aug 13, 2023 2:18pm
Quoting TheWraith
{quote} T721
weird and the fella got suspended too???
  • #766,772
  • Aug 13, 2023 2:20pm Aug 13, 2023 2:20pm
Quoting ninner
{quote} weird and the fella got suspended too???
Both Terry and Peter. Perhaps someone else too, but don't see at the moment.
  • #766,773
  • Aug 13, 2023 2:24pm Aug 13, 2023 2:24pm
Quoting TheWraith
{quote} Both Terry and Peter. Perhaps someone else too, but don't see at the moment.
I believe that if you have been a member for more than a year and have more posts than the person you are attempting to suspend you can temporarily suspend someone until Twee reviews their 'offensive' post.
  • #766,774
  • Aug 13, 2023 2:28pm Aug 13, 2023 2:28pm
Quoting dantpm
{quote} This is a very key point (expiry terms of the digital currency and control over what you can purchase)! Why would anyone want it in large quantities! Al governments appear to be considering similar rules! 71. A digital currency could enable the Bank of England to conduct forms of unconventional monetary policy more easily. We heard the Bank of England could ‘programme’ a CBDC to have an expiry date by which it would need to be spent, or conditions could be placed on a CBDC so that it could be spent on certain goods only.96 The Atlantic Council...
Apparently it’s a powertrip/power struggle too. Facebook was gona release their own stablecoin, but had to stop this Project cause U.S government( or maybe it was congress?) threatened Zuckerberg to butcher his company if he threatened the monopoly of money

Seems to have triggered an cascade of events according to the report, i quote:
”In June 2019, Facebook announced plans to launch a digital currency called Libra. The digital currency would have been pegged to a basket of financial assets, including national currencies. The project was criticised by governments and central banks around the world. On 2 November 2021, the Rt Hon Rishi Sunak MP, Chancellor of the Exchequer, told us that Facebook’s Libra project prompted the Government to ask:
“what do we think about a global stablecoin that we are not in control of? What does that mean? How should we regulate that? Do we have to worry about financial stability? That is probably what has catalysed work on [CBDCs] ... “18
11. In December 2020, Libra was rebranded as Diem and its ambitions were scaled down. Nevertheless, in December 2020 Olaf Scholz, then Germany’s finance minister, said Diem was still a “wolf in sheep’s clothing”. Regulators continue to be concerned about the effects of big tech and…”
You have an IQ lower than 90 if you interact with this user.
  • #766,775
  • Aug 13, 2023 2:29pm Aug 13, 2023 2:29pm
Quoting Fx3423454
{quote} There's a lot of good ones. Check out GBPNZD!

It sure is...good find Fx
  • #766,776
  • Edited 4:10pm Aug 13, 2023 2:37pm | Edited 4:10pm
My Weekly Positions Sunday 2023.08.13

LONG
EUR.AUD
EUR.JPY
EUR.NZD
GBP.JPY
GBP.NZD
MXN.JPY

SHORT
AUD.CHF
AUD.USD
EUR.MXN
GBP.MXN
NZD.CHF
NZD.USD
Trade at your own risk.
  • #766,777
  • Aug 13, 2023 2:41pm Aug 13, 2023 2:41pm
Quoting dantpm
{quote} I believe that if you have been a member for more than a year and have more posts than the person you are attempting to suspend you can temporarily suspend someone until Twee reviews their 'offensive' post.
Hmm, didn't know that. Thanks!
  • #766,778
  • Aug 13, 2023 2:48pm Aug 13, 2023 2:48pm
Quoting Fx3423454
My Weekly Positions Sunday 2023.08.13 LONG EUR.AUD EUR.JPY EUR.NZD GBP.JPY GBP.NZD MXN.JPY SHORT AUD.CHF EUR.MXN GBP.MXN NZD.CHF
Im not an expert in NZD but as they have rate decision coming in on tuesday, it might come in stronger than anticipated.
You have an IQ lower than 90 if you interact with this user.
  • #766,779
  • Aug 13, 2023 3:04pm Aug 13, 2023 3:04pm
Quoting Ferna
{quote} Im not an expert in NZD but as they have rate decision coming in on tuesday, it might come in stronger than anticipated.
nzd/usd.

the price is currently testing the support level.
H4.
  • #766,780
  • Aug 13, 2023 3:22pm Aug 13, 2023 3:22pm
Quoting PeterCaleb
{quote} so you're merely a noodle, good luck to you. Now go join your "crew" of noodles.
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