Profile information says you live in Seychelles. If this is true, your optimism is easily explainable.

Cable Update (GBPUSD)

Ever the optimist, huh?

Cable Update (GBPUSD)

This is not the end. Far from it. Beginning of the end, maybe.

Cable Update (GBPUSD)

@Steamroller "During WW2 we had convoys from the US which were being torpedoed and hence rationing was necessary then." But then, government was responsible for the food. Now, it is up to the private sector. And they have no incentive to protect UK ...

Cable Update (GBPUSD)

Yeah, this is probably the right approach. No deal is upon us.

Cable Update (GBPUSD)

Catered for? You mean, we will have rationing? And talking about "adapt" -- how fresh food delivery adapts to days of queues? Same question for just-in-time manufacturing. How agriculture adapts to 60% tariffs? How banking/insurance adapts to ...

Cable Update (GBPUSD)

And another important thing, USD comes to life. So we can expect the worst of both worlds for GU.

Cable Update (GBPUSD)

I entered at 1.341, but took profit too early, at 1.33. Still nice profit, but in a day like this, it is better to hold a position with a good entry, my mistake.

Cable Update (GBPUSD)

I did not take long (not crazy enough), but took my profit. Very good drop, and I am sure more will come today, but some retrace should happen.

Cable Update (GBPUSD)

This high? Remember today may be the no deal day.

Cable Update (GBPUSD)

Closed my pre-trade deal in profit, actually was pretty easy even with 10-12 pip spread. Given the positive development on fishing, they may try to lift GU up again if that suits the market. I still don't see a deal, fisheries were always a red ...

Cable Update (GBPUSD)

Well, I did my best talking to bulls here and suggesting not to hold over the weekend and operate with reasonable stops on the weekdays (which -- stops I mean -- still may not help much when a no deal is declared). And I am sure many bulls will jump ...

Cable Update (GBPUSD)

Those that entered at 1.35+ and had the guts to hold over the weekend will be rewarded. I entered a short at IG over the weekend (thanks to Catempire for the idea), but with a position much smaller than usual. Usually GU does not open with such big ...

Cable Update (GBPUSD)

Where do you find these stats? Thanks!

Cable Update (GBPUSD)

We are truly in the endgame. Johnson got the cabinet go-ahead for no deal if talks are not fruitful. Unless EU folds at this very late stage (still possible, as experts are saying most EU negotiations go on until the very last minute -- but not very ...

Cable Update (GBPUSD)

Meanwhile, Johnson and von der Leyen kicked the can again, and negotiators will gather yet again tomorrow. Well, people were trying to square the circle for thousands of years, another two days of futile negotiations is not that much.

Cable Update (GBPUSD)

You are right of course, stimulus (and general expectations of future Biden presidency) may continue to be priced in, we don't know how much is already reflected. USD may continue to slump. We are guessing here, and relying on the technical picture. ...

Cable Update (GBPUSD)

This is a very good analysis, but on fundamental side, I can't agree with you. Stimulus is important, but mostly priced in. I think that even larger stimulus is priced in as market expects Biden to spend a lot when he gets into the White House. No ...

Cable Update (GBPUSD)

I guess I should have left an open short position after all... Johnson won't be able to resolve anything, only either to say we need to continue negotiating or we have to do no deal. I expect we open with a big gap down. If not, I will probably ...

Cable Update (GBPUSD)

Or we open 300 pips lower, and big boys that don't need to close their positions get all the profit.

Cable Update (GBPUSD)