Chapter 155: Start Shorting British Pounds

Words : 1624 Updated : Sep 19th, 2025

18th at noon, Beijing time was 12 o'clock. London time is seven hours behind, so it's five o'clock in the morning there now, and in another 120 minutes, polling channels would open. 42,400 sites would simultaneously count, Starting from seven in the morning, continuing until ten in the evening, with counting concluding at 10:15 P.M., the voting results would be announced. This year's first major event was about to unfold, and various national media were also publishing poll data from the past two months. The latest public opinion polls showed that support for "staying in Europe" and "leaving Europe" were neck and neck, either 51 to 49, 49 to 51, or 50 to 50. This directly maximized the suspense of the referendum's outcome, as if nobody dared to be certain until the very last moment. Beijing time in the afternoon at two o'clock, London time in the morning at seven o'clock, the Brexit public voting channels opened. Various national media were competing to report, even Channel C launched a channel, inviting several international political experts to conduct a live broadcast for 15 hours. The forex market was agitated, the British Pound/US Dollar exchange rate steadily rose, and there were already a large number of long position takers building their portfolios, firmly believing that Old England could not possibly leave the European Union. The British Pound/US Dollar exchange rate surged by 120 points, reaching 1.4970, on the verge of breaking through the significant 1.5000 level. The results would not be announced for another 15 hours, so Lu Liang wasn't in a hurry to sell off a lot at that moment, only by building positions at the highest points could he maximize his profits. Lu Liang instructed Sun Yutao and Zhang Jing among others to sell in small amounts in the early hours and not to rush. "I'm going to sleep for a while, if nothing emerges by midnight, come and knock on my door." The entire fifteen hours of voting time, the first ten hours, even up to fourteen hours, were irrelevant. The forex market trading volume was lively, and the market situation changed in an instant, the outcomes could be determined within those last one or two minutes. He would need to wait at least until four in the morning Beijing time, when the struggle between bulls and bears would be most fierce. "Okay, Mr. Lu," Wen Chao looked at him admiringly, his admiration for Lu Liang was overflowing with words. This was the true heart of a big player, even though he did not know how much money Lu Liang had invested. But from his earlier visit to State Street Bank and personally going to Xiangjiang to negotiate with HSBC, He guessed the investment was not small, at least half-portfolio, five hundred million dollars. Lu Liang went to the adjacent resting room, tossed and turned unable to sleep, so he opened Twitter to catch up on international news. But as soon as he went online, he saw a bunch of people mocking him: "Liangzi, the referendum has started, why are you suddenly playing dead?" Accompanied by pictures, showing they were going long on British Pounds, using 400 times leverage, they had already profited 20,000 dollars. Lu Liang had no time to bother with these jokers, because he saw Soros updating his status, claiming: Old England wouldn't dare to leave Europe, if it did leave, the British Pound would plummet by 30%, causing irreversible damage to the national economy. "What time is it, how old are you, aren't you resting yet?" Lu Liang directly replied back, disliking this old man directing affairs; he was a staunch supporter of China threat theory. Born in 1930, 86 years old this year, Mr. Suo's existence was the best interpretation of the old saying "old but not dead is the thief." Always coming out to pontificate at every international event. He had been bearish on British Pounds two months prior but the more he sang this tune, the more the British Pound rose, and many short retailers got harvested. This was also his consistent style, he probably was quietly going long on British Pounds behind the scenes, letting retail investors boost the price. After clapping back, Lu Liang got ready to rest, it was three o'clock in the afternoon Beijing time, three in the morning United States time, probably not him speaking personally. Unexpectedly, Old Suo replied to him: I'm in Europe, just woke up, heard you think Old England will leave Europe? Sёarᴄh the nôvelFire.net website on Google to access chapters of novels early and in the highest quality. Lu Liang was surprised, but did not respond directly: "Is Quantum Fund going long on British Pounds?" Soros pondered for a long time but did not respond directly: "If Britain does not leave Europe, the British Pound will continue to rise." Although he had always been bearish on the British Pounds, his bearish stance was based on the assumption that Britain would not leave the EU. Furthermore, he also believed that it would not happen. Lu Liang replied, "There are still 13 hours left, by then everything will be clear." "Young man, it's good to have ideas, I hope things turn out as you wish," Soros said, his words filled with arrogance. Although Lu Liang did not reveal his intention to short the currency, his views were already clear and ran contrary to mainstream opinion. A few brief exchanges between the two quickly spread across the globe as the most prestigious speculators from the East and West were directly engaging. One was clearly bullish, the other suspected of being bearish, the election results in 13 hours would determine who would win or lose. Upon seeing these comments, Lu Liang chuckled, "What win or lose? The world is not just black and white." A bullish position can be a bearish one, and vice versa—everything depended on whether Britain would leave the EU or not. If it stayed, the British Pounds would likely rise a few points, and the situation would be blandly resolved; but if it left, only the citizens of Old England would suffer. At that time, speculators from around the world, regardless of their positions, would turn bearish, brandishing their scythes to harvest the wealth of Old England. Lu Liang planned to rest, preparing himself for the big battle tonight, when suddenly he saw Little Steamed Bun, still busy maintaining his heated online exchange. As it was too bright, it did not seem like a man-made creation, which left a profound impression on him for this Welfare Girl. He then browsed backstage, looking for any messages from her, and found that she had sent him 38 messages in total. "Lu God, I too wish to short the British Pounds and make it big. Could you give me some guidance, even just a number or a symbol would suffice." For the past two months, she had been sending similar messages every few days, always including a portrait picture, much clearer than anything in the comment section. After reading all the messages, Lu Liang felt distressed but understood her motives. She really wanted to follow him and short the British Pounds, but Lu Liang's comments were always ambiguous, leaving her unable to make a definitive decision. "." Lu Liang thought for a moment, a smile playing at the corner of his mouth, then replied with a period and closed Twitter. The moment the message was sent, Qingyin received it and was overjoyed, "Wakaka~ It's a miracle, I'm going to make it." As time ticked by, official media from China, Japan, and the United States all had correspondents stationed at voting sites, randomly interviewing the voting public. Media from these three countries yielded results that remained 49 against 51, or 51 against 49, or even 50 against 50. Thirteen hours had passed, and the situation was still extremely tense, as it seemed the final outcome couldn't be determined until the very last moment. At two o'clock in the morning, Beijing time, there were just 120 minutes left until the closure of the voting channels. Lu Liang entered the trading room, where, in the past thirteen hours, the British Pounds had soared another 100 points, breaking through the 1.5000 mark. The current exchange rate of British Pounds to US Dollar was 1.5050. Lu Liang checked his account, 7.7 billion British Pounds, with only 1.2 billion spent, leaving him with 6.5 billion to play with. Their account's margin was 550 million US Dollars, allowing them to withstand a loss of up to 269 million British Pounds. Having only deployed 1.2 billion British Pounds, they would not be forced to liquidate their positions unless the exchange rate broke 2. Approaching three o'clock in the morning, with the last 60 minutes remaining, it was nine o'clock in the evening London time, and three o'clock in the afternoon United States time. If it were the London Gold market, this would also be the most active trading period of the day. With a daily trading volume of twenty trillion US Dollars, at least 10% of it occurred during this time period. After all, Western countries pay more attention to the financial markets. The same is true for the foreign exchange market. As three o'clock approached, the sentiment in the British Pounds to US Dollar forex market escalated dramatically, generating over a billion dollars in trades per minute. Lu Liang squinted his eyes, knowing that the optimal time to sell had arrived, and immediately commanded, "Start selling."

Chapter 155: Start Shorting British Pounds

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