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Just changed USD at below 1.33 and EUR at below 1.21 - that's tidy
I am going to repent now...
Premature IMO, unless you need the money. You're probably right in the short/medium-term. It's going to be hard for Cable to break 1.3 convincingly until we know the negotiating positions, and I'd expect it to range in 1-3-1.4 with the news. I think most analysts are suggesting 1.2-1.25 in the longer term, i.e. another 5-10% drop, but this won't happen until it filters into advance readings on the real economy (PMIs etc.).
Roughly I reckon we made 16-17% extra on USD, and 12-13% extra on EUR compared to the Remain option for which I've voted...
Thanks Brexiters
You're welcome Unfortunately, most of mine is in notional future earnings with existing clients (...just waiting for the contracts to get deep-sixed now ). I exchange quite regularly, and I exchanged a fair wedge in USD shortly before the outcome I'm going to be stockpiling for a while though, just in case the smeg really hits.
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