GBP is lower suddenly and the best we’ve got is a tweet from BBC’s Laura Kuenssberg
Something's up – hearing it'll be worth watching the Commons in a few minutes time…
— Laura Kuenssberg (@bbclaurak) December 14, 2017
GBPUSD down to .3418 from around 1.3450. Possibly Brexit related or to do with last nights vote.
More;
Don't know precisely what, but it's not so long ago that David Davis was being accused of holding Parliament in contempt – and this may well turn out to be a damp squib! lets see
— Laura Kuenssberg (@bbclaurak) December 14, 2017
A lot of conjecture. I’ve got Parliament tv on to hear if there’s anything going on.
The House speaker is talking about the discussion on Brexit impact assessments and whether there’s any contempt on David Davis. He’s not being held in contempt.
If this is the reason for the drop, I’m fading it. Just bought small cable at 1.3430.
- The last NFP competition of 2022 - December 1, 2022
- Will this month’s US NFP be a horror show? - October 4, 2022
- US NFP competition – Do you think there’s going to be a turn in the US jobs market? - August 31, 2022
Ryan the bloodhound in full sniff mode 🙂
Bought the dip ….as Mr sneaky probably has
Nicely done.
That’s why we do it 😉
Thanks mate
I went long Guppy on the strength of your call
Great stuff JB.
Out of half my long at 1.3443. Will look to tip the rest at 55. Will probably tip it all whatever before the BOE.
Jedi 🙂
Hi Ryan, only probably 😉 ?
Haha, you never know Michael. I change my mind like the weather sometimes. That’s trading for you 😉
I am glad that I am not the only one to change my mind like that :).
In general, do you see upside to the GBP in the (very) near future, despite Brexit neg?
I’m going completely neutral on the quid again. I see a rinse and repeat of the last few months in that there’s now loads of time for headlines to be slung about and we’ll rush to get this phase 2 secured at the last minute. I think we’re going to keep ranging a 1.30/1.36-38 range perhaps and will move on whatever headlines come out, good or bad (but expect mostly negative ones).
yes. It’s hard to see where it is going, a bit of a gamble with all those headlines.
Looking to buy again at 1.3395