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GBP - look out below!

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    GBP - look out below!




    However, I earn in USD
    How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

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    #2
    As I've been saying, holding USD rather than GBP is a smart move.

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      #3
      It's being battered by everything - what's been said? I get paid tomorrow so exepct a big recovery!
      Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.

      I preferred version 1!

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        #4
        Sterling has been taking a daily battering for a while now, and FFS I had no joy getting a USD bank account opened today, for one reason or another. Doomed. At least my freshly purchased gold went up a bit.

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          #5
          It has been reported that Labour was able to borrow the billions simply because Conservatives promised savage cuts. Now that all main parties have been dithering about cuts/no cuts, the markets are spooked.

          A sterling collapse and a IMF bailout IMO would be a good thing for this country. The deficit is £180 billion. The entire public sector is being supported through borrowing. If the UK was a human being it would have been bankrupted a while back and he would be out on the streets.
          Vote Corbyn ! Save this country !

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            #6
            GBP is getting flogged

            I've made 1000 quid in the last few hours, if i close out my position now.

            How low can it go?

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              #7
              Originally posted by aussielong View Post
              How low can it go?
              Lower than it is.
              While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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                #8
                Looking on the charts (weekly and monthly for GBP/USD) it could still go a way yet.

                They want to push the Euro down to the 1.2000 mark as well
                "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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                  #9
                  So is the new trend that Sterling loses between 0.5% and 1% daily against all major currencies going to carry on indefinitely now? At this rate we will all be millionaires before the election and debts will be paid off

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                    #10
                    So what are you saying here, if a client was wanting to pay me in euros and should not ask them for ££££?

                    Now I am confused....
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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