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Will Pound Rise Or Fall In The Next Year

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pumpjack | 13:26 Mon 27th Aug 2018 | Business & Finance
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what are you predictions ?
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against what?
Strange question.
It will be a "Non deal" Brexit and the pound sterling will fall against all major currencies.
What do I know?.......nothing.
Fall
For predictions....read "wild guesses"!
There are people who make a living out of this and I think the professionals will already have factored in all the things we know and maybe some forecasts/information that we are not privy to
As Sqad says, a 'no deal' Brexit is likely to result in a big fall in the value of the pound. However a deal which preserves the key elements of the customs union would almost certainly see a fairly sharp initial rise in the value of the pound but probably with it then falling back somewhat again afterwards.
Trust in Allah ....... but keep you camel tied!
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against the euro
Well, against the Euro the pound has been slipping for quite a while now. I shouldn't be too surprised if it has further to fall.
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Question Author
" It will fall. A good thing to consider just before brexit is buying some BTC "

bitcoin the most unstable currency in the world ....lol
The pound rose yesterday after latest Brexit announcement.
// Strange question.//

that is the answer to " is this a strange question?"
but he didnt ask that

How will the pound do over 12 m - is very strongly tied to how Brexit goes. Sterling jumped today as it looked as tho EU might consider Brexit speciale
if we could tell - we would be on the money markets making a fortune - so not such a strange question
but perhaps a strange place to ask it

get it rigtht and you could be like George Soros
( made a billion on predicting Britain sudden leaving ERM)
no you are right Bitcoin is NOT the right answer
After Brexit , if it ever happens, the pound will not just fall , it will Fail.
We will become third world, with an economy on par with Venezuela. Enjoy.
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