After making the call.

Abel stood up silently and walked to the wine cabinet next to his office.

The wine cabinet and the wine in the wine cabinet were all prepared by Melio.

There were about a dozen bottles of red wine and five or six bottles of foreign wine inside. Abel randomly selected a bottle that suited his eyes.

After taking it out, I found a bottle of Margaux Blanc.

He opened the red wine and poured himself a glass of Pavilion Margaux.

Chateau Margaux is a well-known 1855 First Growth, and its white wine making history can be traced back to the end of the 17th century.

In the 20th century, the wine was sold as "Margaux Sauvignon Blanc", and it was not until the 1920s that it was renamed "Margaux Blanc Pavilion".

Abel didn't like drinking, so he just took a sip of the thousand-dollar premium Margaux Blanc and put it next to him.

Then he came to the trading room on the third floor, and his appearance made the traders who had been here for almost a week cheer.

David Mellon rushed over, and Abel noticed that the whites of his eyes were bloodshot and his pupils were slightly dilated.

David looked excited and said to him excitedly and loudly: "Look at the trend chart, look at the latest trend chart!"

Abel smiled, and under the gaze of hundreds of people, he came to the quotation wall composed of screens.

Abel saw the trend chart of GBP/USD. In the daily chart of GBP/USD, there was a super positive line.

It is still on an upward trend.

And there is still a little tail trailing underneath.

Apparently GBP/USD bulls were on a lot of drugs today.

Abel knew this, so naturally he would not be as excited as David.

He spoke calmly:

"David, tell me the situation of the pound currency exchange from yesterday to today."

David stood up straight and said excitedly: "Boss, this is a day when the pound currency exchange rate skyrockets!"

"Boss, during the European market yesterday, the U.S. dollar index fluctuated downwards and is now around 80.55."

"And investors' attention during this period was undoubtedly focused on the Bank of England's quarterly inflation report."

"In the end, the Bank of England did not modify the unemployment rate and interest rate hike threshold as expected by some market participants. Instead, it raised the country's economic forecast in the report."

"Affected by this risk event, GBP/USD surged hundreds of points in the short term, hitting a two-week high of 1.4647!"

"Subsequently, the Bank of England raised its forecast for UK GDP growth in 2000 from 2.8% to 3.4%."

"The UK GDP growth forecast for 2001 is raised from 2.3% to 2.7%, and GDP growth is expected to be 0.9% in the fourth quarter of 2000."

Abel nodded with satisfaction.

This is the Bank of England bragging about speeding up its own currency!

At this period, the shit stirrer did still have a certain amount of economic strength.

As one of the global financial centers, this kind of financial virtual power is quite beneficial in this regard.

Let’s look at Sister Litchi’s magical operation more than 20 years later.

A mere sham, and the British pound immediately became worth less than the U.S. dollar.

The pound became one of the fastest depreciating international currencies within that year.

This time is not the time, this time is a troublemaker, although the national power has been reduced.

But its financial strength and influence are still relatively stable.

It opened less than two hours today.

GBP/USD surged more than 50 points in the short term, hitting a two-week high of 1.4647.

British bond futures fell by more than 20 ticks, and the difference between the yields of 10-year British bonds and comparable German bonds expanded by 2 basis points to 110.2 basis points, the highest since February 28 this year; short-term sterling interest rate futures expanded their losses.

But these.

They are all analyzed by David and Wall Street elites.

If it were Abel, he wouldn't have to go to such trouble.

He directly ordered: "Today, please keep an eye on the trend chart of the pound currency exchange rate."

"Just today, be prepared to close your position at any time."

GBP/USD is so strong and has been rising sharply for several days in a row.

The market is generally optimistic, and bulls continue to enter the market.

But the talent told Abel that it was time to prepare to leave.

If he doesn't leave the field, there will be a pit waiting for him to jump.

Now that he is leaving, he ran away even before the digging of the manhole in front started.

The only pitfalls ahead are those who can't see clearly.

After the order was given, Abel asked again: "How much profit have you made from the pound currency exchange now?"

"yes!"

David was very emotional, and he also knew that Abel liked to hear the final results.

David said directly: "Currently there is a total surplus of US$6.856 billion!"

This time, the account funds of 10 billion US dollars have made nearly 70% profit after many days of hard work!

The bigger the funds, the harder it is to double. Every time they can make a profit of more than 30%, it is a very good record. I didn't expect that they could make a profit to this extent!

Soros attacked the British pound in 1991 and was busy planning for more than a month.

Run before and after, willing to be a pawn on Wall Street.

In the end, Wall Street got the lion's share, and Soros, the sword in front, only got 2 billion US dollars.

This is not even his personal income, which is only $650 million.

Just this level of profitability.

At that time, he was praised to the sky by Wall Street, and he also topped the Wall Street income ranking list of "Financial World" magazine.

What now?

David now feels that even if he starts to close his position at this time, he will withdraw part of his profits.

Smith Capital's profit from this transaction can exceed US$5 billion.

Isn’t that more than Soros?

Although it has been almost ten years, after years of inflation.

The purchasing power of US$5 billion is a bit worse than it was back then.

But these investments are all from Smith Capital!

Even if part of it is private equity, a large part of the profit belongs to Smith Capital!

In the end, Smith Capital's income exceeded US$4 billion no matter what.

The US$4 billion in 2010 is still worth more than the US$650 million in 1991!

David feels that Abel is the only one who should be blown away by Wall Street!

At noon, the pound currency exchange rate jumped slightly again.

In the eyes of normal investors, most investors will be very excited about this situation and insist on holding it.

But for Smith Capital, Abel has officially issued orders to close positions for many days.

Even though he hesitated, David Mellon executed it without any hesitation.

Nowadays, the pound currency exchange rate is rising sharply, but it is becoming more and more uneasy, because things must reverse when they reach their extremes!

After a while, David took the microphone and shouted, asking many traders in the trading room to start operating.

With such a large amount of funds and the closing of so many accounts, it is impossible to complete it within a day or two.

The time to close a position usually takes several days.

If the market is unstable or bad, it may last for half a month or even longer.

Many large-capital investors in the foreign exchange market often experience profit retracements when closing positions.

I was supposed to earn 100 yuan, but it often happened that I only had 50 or 60 yuan left.

Because during the closing time, profits sometimes retrace faster than they rise.

So in foreign exchange trading.

Most of the time, it is not good to choose to close the position when profits are at their peak.

Because after the peak, there will be a retracement and decline.
To be continued...