How Low Can The Pound Go - The Lords Debate While The Scots Decide To Leave

The pound is trading near its lowest point since the Brexit vote last summer. Pressure from the Scots continues to drive it lower, while the possibility of a hard exit from the EU compounds the pressure. If the market does seriously think there can be another independence referendum before the U.K. leaves the EU, then remembering how hard the pound fell in early September 2014 just in front of the prior referendum, the memory of that makes sterling a fairly easy sell here. At the same time, Prime Minister May’s government is setting aside time for a Parliamentary battle to overturn changes she fears could be made to her draft Brexit law as it’s debated in the House of Lords. The situation is ever changing. In this webinar, we will take an up to the minute look at the situation and try to evaluate what might happen to the pound over the short term.

Barry Norman 
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.