How do you think the pound will react when Theresa May triggers Article 50 in order to start the formal process for an actual Brexit?
The pound is gonna sink. I'm sure of it! We're probably gonna get the same extreme levels volatility in the aftermath of the Brexit referendum.
The market has already priced that in, so I expect an initial bullish reaction, but I expect the pound to weaken after that, since foreign investments are expected to contract during the negotiation process.
I expect the pound to gain strength and continue to gain strength. Don't ask me why!
I expect the pound to weaken initially before regaining strength. After all, the U.K.'s economic reports aren't that bad and the U.K. is still part of the E.U. until an actual Brexit by 2019.
I have no idea, just to be honest.
I don't know. All I know is that I'll be avoiding pound pairs for a while.
It's gonna be a dud.
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