Textbook quotReversal Dayquot for GBPUSD - Page 6
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Thread: Textbook quotReversal Dayquot for GBPUSD

  1. #51
    Lol... dont even want to imagine. .

  2. #52
    Quote Originally Posted by ;
    well they have made the statement. This was only reaction to the statement. What occurs when the transactions start?
    This is a report from Reutors, I dont know that it is anything official by the China Central Bank. And the reports says may, not will. If in fact they are going to rotate out, it's in their own very best interest for the $$ not to tank while they get it done. The folks from China are smart.

  3. #53
    Welll we have the fantastic wall of china lol, in the 9100 degree

  4. #54
    Quote Originally Posted by ;
    welll we got the Fantastic wall of china at the 9100 Degree, lol
    That Is a Great one

  5. #55
    Quote Originally Posted by ;
    welll we got the Fantastic wall of china in the 9100 level, lol
    lol

  6. #56
    Read this article very important I think to understand. . Thank you for this link. .

    http://www.masterforex.co.uk/Article...ar surplus.php

  7. #57
    Quote Originally Posted by ;
    Read this article very important I think to comprehend. . Thanks for the connection. .

    Http://www.masterforex.co.uk/Article...ar surplus.php
    Good find, bottom line is that BoE has been dovish, and this China thing is a slow thing, it is in their interest that the $ isn't devalued, so China controls that. When the news is digested, back below 1.900. Furthermore, if it when it starts, the primary beneficiary is the EUR. Can China wish to maintain the pound as booked currency? Hell Borat understands the reply to that. Booya.

  8. #58
    95057This is a preemptive attack that is political , now that the Democrats have electricity. If tariffs are raised by you, china is saying, we will strike back. Better than the A bomb me imagine.
    http://bloomberg.com/apps/news?pid=2...Tb9Urefer=home

  9. #59
    95061good points, can elaborate on why they wouldnt need to hold the pound or euro is it due to the US's military strength? Or business generating ties?

  10. #60
    95061
    Quote Originally Posted by ;
    good things, can elaborate on why they wouldnt need to maintain the pound or euro is it due to the US's military power? Or company generating ties for them?
    More business related, not army. China doesn't need to rock the boat, now that they are an economic powerhouse. That is why told North Korea to stop the non-sense.

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