Effects of Article 50 signing on Cable
Brexit is looming over our heads and it's some time in March when Article 50 will be signed. This is what we should see in the lead up and the after effect of Article 50 being signed.
1. We should see the market price itself in at 1.30 level
2. Once Article 50 has been signed we should see Cable fall down to around the 1.20-1.19 level up to around May onwards.
3. This should lead us perfectly to when the FED will hike rates again which will push the £ down even further
1. We should see the market price itself in at 1.30 level
2. Once Article 50 has been signed we should see Cable fall down to around the 1.20-1.19 level up to around May onwards.
3. This should lead us perfectly to when the FED will hike rates again which will push the £ down even further
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