brexit gbp crash?

[terriegym]

is anyone expecting GBP/USD to crash at the end of the year?

 

[MasterOfCoin]

is anyone expecting GBP/USD to crash at the end of the year?

I'm expecting HMS UKPLC to sink deep into the mud of the North Sea as we steam into the New Year with the bow doors agape, holds overloaded with containers of promissory notes.

How much that impacts the £/$ as salvagers pick over the wreck depends more on events over the pond, specifically whether the Biden Cartel can pull of it's 'bloodless coup', which is by means certain yet.

 

[tomorton]

Not automatically, only if EU/UK trade is going to be subject to heavy tariffs or if more serious disruption.

The downside risk is less probable but likely to be more severe than the upside risk.

 

[MasterOfCoin]

It all rather depends on whether Boris gets the Ugandan/ Venezuelan/ Zimbabwean style Trade Terms he so badly wants with the EU, which is likelier than not according to latest Downing St. propaganda, but then, that changes by the hour.

 

[MasterOfCoin]

It appears the deal is now done.

In a press conference in Brussels, the European Commission President said: "This was a long and winding road but we have finally got a deal."

Yadda, yadda, yadda. Never mind that. What's in it?

😶

 

[MasterOfCoin]

Sharp Drop:

1.3618
📉
1.3542

£/$ Initial reaction.