How Far Down Can Go The Great British Pound

Summary

  • GBP has sold off more after Brexit vote, and rumors it will go further.
  • Will GBP continue to slide, or is this a buying opportunity?
  • GBP can probably sell off a little more – but not below 1.25.
  • GBP should retrace, as all currencies usually do after a downturn.
  • A GBP recovery should be in the cards in the near future.

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