This is a long term H&S pattern that simply could not have manifested itself in a more timely fashion.
Hard Brexit is in play, and before there is pleasure in the GBP, there is sure to be some pain.
However, I believe most are underestimating the impact Brexit will have on the Euro. After a hard drop in GBP a swift recovery may ensue, and it is here, that the Euro will feel pressure like it has never felt before. If the UK is successful post Brexit, my take is, the Eurozone is Doomed!
Hard Brexit is in play, and before there is pleasure in the GBP, there is sure to be some pain.
However, I believe most are underestimating the impact Brexit will have on the Euro. After a hard drop in GBP a swift recovery may ensue, and it is here, that the Euro will feel pressure like it has never felt before. If the UK is successful post Brexit, my take is, the Eurozone is Doomed!
