counter_violent
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Wot disaster?
Atilla
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NVP
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well we can all see that in the currency markets the Brexit saga has provided splendid action on GBP pairs at times ...........i remember doing especially ok trading through the night that fateful day in june when we voted out .....jees if only that were a common event ....
so Cable and EURGBP are always going to be interesting until we get things more straight.........and i can see some great volatility between now and next march in store !!...and then beyond
as for other instruments .......I wouldnt hang my hat on anything bar UK companies that export strongly and can keep operating costs low.....
however if we do take steps towards a vote and then (god forbid) a move back towards europe the GBP will get stronger and all bets are off for the Hard Brexit (cheap sterling) action we are currently seeing ....
Carneys comments on UK property crashes post Brexit was a little extreme - even for him......I cant see UK taking that much punishment even if we crash out .....it will hurt though as London takes a beating and we would need to flush the market out a little to get back to lower levels.....but 15-20% tops i feel and then the slow climb back upwards as we all realise again this country is woefully short of properties .......
if we fall back into europe I cannot imagine what would happen ........that means price rises for me .........im a little p*ssed off though if we do remain as i finally discarded buying a holiday home after the last vote and reallocated finances to other things .......christ if my wife starts that "buy abroad" game up again my life will be hell !!!
we live in interesting times ........
N
so Cable and EURGBP are always going to be interesting until we get things more straight.........and i can see some great volatility between now and next march in store !!...and then beyond
as for other instruments .......I wouldnt hang my hat on anything bar UK companies that export strongly and can keep operating costs low.....
however if we do take steps towards a vote and then (god forbid) a move back towards europe the GBP will get stronger and all bets are off for the Hard Brexit (cheap sterling) action we are currently seeing ....
Carneys comments on UK property crashes post Brexit was a little extreme - even for him......I cant see UK taking that much punishment even if we crash out .....it will hurt though as London takes a beating and we would need to flush the market out a little to get back to lower levels.....but 15-20% tops i feel and then the slow climb back upwards as we all realise again this country is woefully short of properties .......
if we fall back into europe I cannot imagine what would happen ........that means price rises for me .........im a little p*ssed off though if we do remain as i finally discarded buying a holiday home after the last vote and reallocated finances to other things .......christ if my wife starts that "buy abroad" game up again my life will be hell !!!
we live in interesting times ........
N
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