Where do you expect sterling to move in the short to medium term?

Discussion in 'General Property Investment Discussion' started by FWL, Jul 14, 2019.

  1. FWL

    FWL Member

    Sterling has fallen dramatically since the European referendum. How do you see the currency performing in the short to medium term?
     
  2. Longterminvestor

    Longterminvestor Administrator

    Sterling has just fallen under $1.24 for the first time in 27 months amid serious concerns about a no deal Brexit. Is their further downside still?
     
  3. Further downside in the short term but more the not knowing factor than any major long term concerns. As soon as markets know what is happening they can value assets based on the scenario rather than just guessing.
     
  4. realdeals

    realdeals Active Member

    Who knows where BJ will take us now that he is the PM in waiting - a slightly brighter version of Trump?
     
  5. Longterminvestor

    Longterminvestor Administrator

    I see sterling has bounced on the back of BJ's initial comments. At least his cabinet will be pulling in the same direction.
     
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