Warlulz
Short

Continuing Decline in Post-Brexit Britain

OANDA:GBPUSD   Pound Sterling/U.S. Dollar
After countless headlines detailing what seems to be a continuing spiral towards a hard brexit it is hard to see a clear spell ahead for the currently ever weakening pound. Little real positive news has appeared to suggest anything but shorting the currency in the current market with increasing volatility and a prime minster dead set on hitting the city it'd be unlikely to expect a large rally of the currency any time soon. In this analyst's opinion I expect nothing but further falls for the currency and with time we may find what appeared to be an algorithmic error becomes a very real economic reality.
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