584. The pound that has plummeted and soared!

Immediately, Chen Hui got up, walked to Luo Baowen, picked her up, and walked to the bedroom again.

Luo Baowen said to Chen Hui dissatisfiedly, "What are you going to do, I just got up!", at this moment she was wet and very tempting.

"Oh, Wenwen, are you hungry?" Chen Hui pinched her pretty face and smiled evilly: "I'll give you lunch!"

Luo Baowen heard Chen Hui's words, and immediately glanced at Chen Hui, and said, "I'm hungry, now I don't have any strength at all, I was almost tired to death last night, now let's eat first, okay?"

Chen Hui shook his head, directly put Luo Baowen on his shoulder, and then found some food to eat, and rushed into the bedroom amid Luo Baowen's exclamations and dissatisfaction.

···

The two rested when they were tired, and they were almost tired of being in the bedroom all afternoon, and at 5 o'clock in the afternoon, Chen Hui and Luo Baowen got up, and the two had dinner early. Luo Baowen went back to the bedroom to rest as Chen Hui instructed, and Chen Hui returned to his desk.

Looking at the trend charts of various foreign exchange currencies, the British pound currency suddenly attracted Chen Hui's attention, and the pound rose very sharply today, and the pound / dollar soared by more than 120 points.

The GBP/CAD pair has risen by 80 points this morning! From the opening position of 1.8060 to the position of 1.8140, Chen Hui holds a total of 1.5 million long positions of GBP/CAD, with an average opening point at the 1.7840 position, and a total profit of 300 points, a total of 4.5 billion US dollars.

At this time, British Prime Minister 'Karen' once again delivered a major speech in Parliament on the Scottish issue, and 5 minutes later, the British pound currency immediately plummeted because of British Prime Minister 'Karen's speech, and the USD/GBP plummeted by 160 points in 20 minutes!

The GBP/CAD pair also plummeted by 140 points in 20 minutes, falling to the 1.8000 level, and in the 5-minute chart, 4 long long black candles directly pierced everything.

Soon a lot of buying came out of the market, which supported the fall of GBP/CAD, and then GBP/CAD began to oscillate wildly from 1.8000 to 1.8020.

Chen Hui held a long position of 150 lots of GBP/CAD, giving back nearly $2.1 billion in profits, Chen Hui looked at such a demonic GBP-based currency, the 1.5 million hands of GBP/CAD long list only floated 2.4 billion US dollars, he took a breath, and immediately began to buy GBP/CAD, buying 30,000 hands each time! Vowed to pull GBP/CAD up.

Five minutes later, GBP/CAD rose by 20 points, from 1.8015 to 1.0835, but the rally was quickly suppressed, and Chen Hui continued to buy GBP/CAD quickly!

Nearly half an hour has passed, and Chen Hui has increased his long position of 500,000 contracts of GBP/CAD, which is now oscillating around the 1.8050 level!

At present, Chen Hui holds a total of 2 million long positions in GBP/CAD, with an average opening point at 1.7890, with a total floating profit of 160 points, totaling $3.2 billion!

The previous trend of the pound currency plunge has been stopped, and they have begun to pull back and rise, and more and more people are buying the bottom, and the short-term bears are making profits and are also closing their positions!

At this time, several economic data from the UK came out.

UK unemployment rate for December

Previous 3.8%

Forecast: 3.8%

Declared value3.7%

Unemployment rate refers to the ratio of the unemployed to the working population (the number of labor force in a certain period of time who are willing to work but still have no work), which is designed to measure the idle labor capacity and is the main indicator reflecting the unemployment status of a country or region. The unemployment rate is seen as an indicator of the overall state of the economy, and it is the first economic data to be released every month, so forex traders and researchers like to use the unemployment rate indicator to forecast other relevant indicators such as industrial production, individual income and even new housing construction. The rise in unemployment is bearish for the pound.

This data is good for the pound!

UK Unemployment Claims (December) (10,000 people)

The previous value was -3.43

Forecast value - 3.2

Published value - 2.4

The change in UK jobless claims is a measure of the change in the number of unemployed people in the UK during the month. An upward trend indicates a weak labor market, which has a negative impact on consumer spending and even economic growth. A higher than expected reading should be taken as weak/bearish for GBP, while a lower than expected reading should be taken as positive/bullish for GBP. Jobless claims are used to measure the health of the labor market, and if the number increases, it indicates a lower number of jobs. Typically, a change of at least 35,000 filings is required to indicate a significant change in job opportunities.

This data is also good for the pound!

UK three-month ILO unemployment rate for November

Previous 7.4%

Forecast: 7.3%

Declared value7.1%

This data set follows the International Labour Organization's (ILO) definition of unemployment, i.e., an individual is considered unemployed if: the individual is not currently employed during the reference period. Work is defined as gainful employment/self-employment. The individual is currently available for work. - The individual has taken specific steps to find gainful employment/self-employment (e.g. registration with a private/public employment agency, submission of a job application, search for funds to establish their own business, etc.). The unemployment rate is seen as an indicator of the overall state of the economy, and it is the first economic data to be released every month, so forex traders and researchers like to use the unemployment rate indicator to forecast other relevant indicators such as industrial production, individual income and even new housing construction.

This data is still good for the pound!!

The average annual rate of wages in the UK for the three months including dividends in November

Previous Value0.9%

0.9% forecast

1% of the declared value

Average Earing Excluding Bonus is a short-term key indicator of changes in the UK economy and employers' payment levels. It is a measure of the growth of the 'base salary'. If the increase in income means that the UK economy is doing well, it is good for the pound, and if the data records a low decline, it means that the UK economy is facing a recession, which is bad for the pound.

This data is still good for the pound!!

The market is crazy, the pound is a currency that has skyrocketed, and after the previous crash, it is now skyrocketing!

GBP/USD rose by 150 pips in less than 20 minutes!

It's like free-falling from a high altitude and then flying into the sky on a rocket!

GBP/CAD, on the other hand, skyrocketed by 80 points in 20 minutes, from 1.8050 to 1.8130.

Chen Hui looked at such a hot market, like a roller coaster, and suddenly couldn't help but show a refreshing smile.

At this moment, his long position of 2 million contracts of GBP/CAD has now made a profit of 240 points, totaling $4.8 billion!

Seeing that the GBP/CAD is still rising and has gained a firm foothold at 1.8130, Chen Hui is also relieved.