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HiltonBritCapital
Mar 10, 2019 11:17 AM

Deal or No-Deal 

Euro Fx/British PoundFXCM

Description

Talk about taking it to the wire; we've heard a lot in the press over the past many months about the prospect of a No-Deal between the UK and EU for Britain leaving the European Union. This could go either way, if Britain leaves with a deal this may mean strength in both the Euro and GBP, however a No-Deal may in the short term weaken the Pound, taking price to 0.8900 area taking a good supply of Buyers. This could be good for British exports with a weaker GBP in to the EU.
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