Sterling has dropped in value by around 10% against the Euro since the fateful vote in late June. What's going to happen if Theresa May strings out the timeline on posting the exit card to Brussels? What if it still hasn't happened next Spring? What if, goodness gracious, she then says we're waiting until after the German elections around September 2017? Wow. That would mean, despite all the protestations to the contrary, that people would start thinking that Brexit is no foregone conclusion.
So traders and investors need to watch this very closely. There are very good opportunities for trading sterling and UK related equities as well as key decisions for investors right now. What do you think? And how are you positioned to make some money in coming weeks, months and years?