Originally posted by diseasex
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Trading strategy for 24th
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Originally posted by diseasex View PostThe BoE would not try to influence the ultimate market level of sterling once the dust settles after a vote for Brexit, but could seek to prevent the sort of damaging gyrations seen in the half hour after the removal of the floor on the franc, the sources said.
Big increase in interest rates would probably makes things worse.Comment
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Originally posted by AtW View Post
Big increase in interest rates would probably makes things worse.Comment
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Originally posted by AtW View PostExactly how they are going to do it? They got very little EUR/USD to sell to support pound, Soros would love them to try it.
Big increase in interest rates would probably makes things worse.
HTH BIDIComment
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Originally posted by unemployed View PostBring it on love to see 5%againComment
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Originally posted by DimPrawn View PostThey will confiscate all wealth in UK held by dodgy Russians. This will be used to support pound.
HTH BIDIComment
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Originally posted by AtW View PostSo that might get a lot of hot money in, and then they will leave as soon as rates go down, in the meantime people who got used to paying 2% mortgage will have to pay 7% - should be enough to bankrupt a few millions pretty quickly.Comment
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GBPUSD Trading strategy for 24th:
- Close charts
- Shut down PC
- Go to pub
- Occasionally check in from mobile in pub over a nice cold pint to see retail traders getting whipsawed
When a poll of only 800 participants can move Cable, it's not a good time to get involved.Last edited by SantaClaus; 16 June 2016, 22:31.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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