Brexit - Remain or Leave EU?

[Shull]

Pound sliding quite badly , those whom were short GBP are gonna be hit badly

Now short sellers will come in and make the GBP drop even further and make it volatile

 

http://www.bloomberg.com/quote/GBPUSD:CUR

 

GBP drops 7.8% against the greenback 

 

http://www.bbc.com/news/uk-politics-eu-referendum-36612368

 

Leave is half a mil votes ahead..

Edited June 24, 2016 by Shull

[Mockngbrd]

Brit can leave EU, but they better have some solid economic plans to propel Brit's growth in terms of relevance to the world.

 

Just like SG in the 60s. Brit needs to crave out its unique proposition

 

Brit is no longer the Empire it used to be.

 

If they have no solid economic plans on table, its better to stick to EU, though they will continue to face EU problems. 

AMDK!!!!!!!!!!!!!!

[Enye]

if now go money changer to buy pounds, what exchange rate will the money changer give?

 

[Weez911]

if now go money changer to buy pounds, what exchange rate will the money changer give?

 

 

They will look at you, tilt their heads from side to side, and tell you "No more pounds sir, sold out"

[BanCoe]

if now go money changer to buy pounds, what exchange rate will the money changer give?

 

Cash - they will give a rate much far above the interbank unlike normal days , spread will be very high due to volatility, sometimes even 2 cents  or even higher difference as they also have to take risk and hedge   

 

Best is to wait it out for a few more days .. let the dust settle

Edited June 24, 2016 by BanCoe

[Lala81]

margin lesser now to 400k votes.

[Kusje]

Pound sliding quite badly , those whom were short GBP are gonna be hit badly

Now short sellers will come in and make the GBP drop even further and make it volatile

 

?????

[BanCoe]

?????

sorry long GBP 

[Mockngbrd]

Ununited Kingdom, just chop it into 2 can liao

[mersaylee]

?????

+1

[Banz86]

Based on the live updates, think uk will stay in EU.. We'll see..

[Enye]

for purely entertainment value, i would prefer brexit and trump becoming potus this year

 

[Vid]

Market too scary. I just changed my GBP back to SGD just in case

[Mockngbrd]

Based on the live updates, think uk will stay in EU.. We'll see..

my live update telling opposite

[Jman888]

Market too scary. I just changed my GBP back to SGD just in case

 

 

ok i buy from you SGD1.75 to GBP1.00    

[Lala81]

sti down 1.9%

[Enye]

Market too scary. I just changed my GBP back to SGD just in case

 

playing around with your children's education funds?

 

[Icedbs]

sorry long GBP 

 

I was shorting the GBP since morning, but the spread is crazy at about 40 pips for the GBP/JPY pair. .  I checked a few brokers, all around there.

 

Now watching resistance level at 133.375 for this pair.

Edited June 24, 2016 by Icedbs