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The currency of Great Britain does not surprise us with anything, and goes where we assumed. The appreciation of the pound was conditioned by the previous economic situation and the strength of the currency in the previous years. Brexit only drives the entire mechanism of currency strengthening … Only yesterday’s correction was a bit deeper than I had assumed at the beginning.
The range of the pound is huge, but for now we are approaching a zone that is itself 90 pips. There he expects another halt and investors’ scare off just before the end of the month 🙂
