Results 1 to 3 of 3
 0 Attachment(s)    

Thread: Big crash with GBP

  1. #1
    Senior Member fxtester's Avatar
    Join Date
    Nov 2008
    Posts
    3,165

    Default Big crash with GBP


    GBP has experienced a fatal crash of its value this morning.

    EURGBP : -420 pips
    GBPCHF : -650 pips
    GBPUSD : -690 pips
    GBPJPY : -820 pips
    GBPNZD : -910 pips
    GBPCAD : -910 pips
    GBPAUD : -990 pips

    What happened ?

    It's the end of the Brexit trade.

    The consequence is that UK will lose its place of the 5th world economy for the benefice of France.

    A lot of traders have lost thousands of dollars. And few have been able to enter some trades at the bottom of the candles, making hundreds of pips.

  2. #2

    Default

    All of that is trading currencies... of course that's big losses, but nobody said it was going to be easy, things like that, you need to understand that and be ready.

  3. #3
    Junior Member reggi's Avatar
    Join Date
    Jun 2017
    Posts
    27

    Default

    Yes, this is the essence of forex. The other issue is that nobody expected the situation would go that way. I too lost a bit on this pair.

Similar Threads

  1. Tesla fatal crash
    By fxtester in forum Stock market
    Replies: 0
    Last Post: 07-04-2016, 12:28
  2. Wall Street Crash!
    By funyoo in forum Economy
    Replies: 2
    Last Post: 07-12-2010, 11:18
  3. Polish President Assumed Dead In Plane Crash
    By ForexFBI in forum General discussion
    Replies: 1
    Last Post: 04-11-2010, 01:13
  4. CNN Asian Markets Crash! October 16, 2008
    By funyoo in forum Economy
    Replies: 0
    Last Post: 10-16-2008, 16:22

Tags for this Thread

brexit, consequence, crash, economy, france, gbp, gbpusd, gif, pips, trade, world

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •