Brexit and the Consequences

This is a discussion on Brexit and the Consequences within the The Foyer forums, part of the Off the Grid category; Originally Posted by counter_violent It's a tough one to call for sure, but on balance I think the UK has ...

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Old Today, 1:32am   #7306
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Originally Posted by counter_violent View Post
It's a tough one to call for sure, but on balance I think the UK has more shocks to come especially given that all sides are digging their heels in and hardening their positions.

Might be an idea to run through the various scenarios.
Lol, I wouldn't want to go all in now.
Maybe starting off with 10-15% of a full size position (to average in, not average down.)
or..
Use the next shock waves as a better starting point (say a vote of no confidence or general election.)
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Old Today, 8:27am   #7307
 
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Sorry I just don't see the positive talk.
But if there is positive talk, then great gbp up.
If there's a crash out with no deal or a general election I just don't think we have much further to fall.
After all what the markets dislike the most is uncertainty.



That is what I am thinking, the Euro has Italian problems that are not going away any time soon and should continue the decline of the Euro.
And the pound has stopped responding bearishly to bad brexit news.

I don't believe the latter is just as a result of the former, I reckon the market might be priced in for a potential no deal now.

I'm not even sure that a snap election would sink the pound to much against the Euro, as this is already a well known possibility.
The talks and extensions of transmission period is seen as positive that a deal can be made.

All up in the air. Agree about more shocls and upsets ahead.

Elections Id see as positive raising hopes of over turning brexit but even then likely to be a roller coaster ride.
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Old Today, 8:48am   #7308
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The talks and extensions of transmission period is seen as positive that a deal can be made.

All up in the air. Agree about more shocls and upsets ahead.

Elections Id see as positive raising hopes of over turning brexit but even then likely to be a roller coaster ride.
I'd agree with all your points there Atilla
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Old Today, 8:53am   #7309
 
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Does it mean this thread is extended?
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Old Today, 8:56am   #7310
 
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Does it mean this thread is extended?

LOL

Let's negotiate and talk about it?

What you offering?
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Old Today, 9:17am   #7311
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LOL

Let's negotiate and talk about it?

What you offering?
More abuse, riots, what's your preference?
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